Spanish-Chinese Group to Invest in Russia’s Pacific Port of Vanino

Author: us-russia
Comments: 0
Spanish-Chinese Group to Invest in Russia’s Pacific Port of Vanino
Published 31-05-2014, 05:22
KHABAROVSK, May 28 (RIA Novosti) – A Spanish-Chinese association plans to invest funds in the infrastructure construction of the Pacific port of Vanino, the regional government said Wednesday.

Vanino, located in the Tatar Strait, between the Pacific Ocean's Sea of Okhotsk and Sea of Japan, is the largest transport hub in the Khabarovsk Region and one of Russia’s ten largest ports.

In the area near the ports of Vanino and Sovetskaya Gavan (Soviet Harbor) a major industrial hub will be created, expected to increase cargo capacity from 10 million tons to 100 million tons by 2020.

A special economic zone is also due to be established in the area of Sovetskaya Gavan. The Khabarovsk region has sent a request to Moscow to include the Vanino port in this zone.

Khabarovsk Region Governor Vyacheslav Shport and the head of the Spanish-Chinese group, Jorge La Casa, met Tuesday to discuss bilateral cooperation, a statement on the website said.

The governor said the regional authorities are interested in the cooperation with the group and marked other perspective directions for investment, including in the development of the international Novy Airport in Khabarovsk and the creation of a fish processing complex.

The association includes Elecnor, one of Spain's leading groups in engineering, and China CAMC Engineering Co., an engineering construction contractor, part of the China National Machinery Industry Corporation (SINOMACH).

 

RIA Novosti

Comments: 0
Experts' Panel
Are the U.S. and Russia...
The Sunday, February 24 edition of Russian state television’s...
Are the U.S. and Russia...
Top
popular in the journal
How Washington turmoil affects...

How Washington turmoil affects...

As the political temperature in Washington rapidly rises to unprecedented boiling levels, when accusations of attempted coup and state treason are exchanged between the ...
RUSSIAN FEDERATION SITREP 24...

RUSSIAN FEDERATION SITREP 24...

SYRIA. A master class on patient, intelligent diplomacy engaging all players combined with the judicial application of force, supported by the bravery and skill of its ...
Путин и Трамп встретятся на Эльбе?

Путин и Трамп встретятся на Эльбе?

Приедет ли президент США Дональд Трамп в Москву на Парад Победы? Нужна ли Трампу в выборный год встреча с Путиным? Кто помешает Трампу «принять» парад на Красной ...
Уперлись в стенограмму

Уперлись в стенограмму

Политолог Эдуард Лозанский — о том, как Владимир Зеленский стал средством на пути Демократической партии США к цели
Уперлись в стенограмму

Уперлись в стенограмму

Политолог Эдуард Лозанский — о том, как Владимир Зеленский стал средством на пути Демократической партии США к цели