The special issue of the NAAIR Newsletter published an analytical review of investment projects in the cargo terminal industry. The largest capital investments in active projects are in the Leningrad Region, their volume is 345.3 billion rubles, or 21.3% of the total industry financial volume.
“The interest of investors in the development of port logistics infrastructure projects in the Leningrad Region is obvious and there are grounds for this. The North-West is absolutely competitive as a direction for shipment to Latin America, India, North and East Africa. The route of cargo, for example, metallurgical coal from Kuzbass, to India is no longer through our ports than through the Far East. If you look at the main markets for fertilizers, the number one consumer is Brazil, Argentina, and here it is also obvious that shippers choose the North-West.
In terms of non-energy cargo, it is Central Russia that is the location of the cargo base, from where it is also close to our port capacities. In addition, decisions were made in a timely manner to build new specialized terminals, and at the time when operations in the Baltics or through other unfriendly countries fell under sanctions, the port capacities of the Leningrad Region and St. Petersburg picked up the volume of cargo that used to go through other countries,” commented Dmitry Yalov, Deputy Chairman of the Leningrad Region Government for Economy.
Recall that the following projects are planned to be launched in the Leningrad Region:
Universal terminal of the Novotrans company in the port of Ust-Luga;
Modernization of the Vysotsky port
Port Favor mineral fertilizer terminal in Ust-Luga
Expansion of the Ultramar terminal
Planned for implementation:
LUKOIL project in Vysotsk
Global Ports project with the modernization of the container terminal in Ust-Luga. Primary data source: Digital platform "Investment projects".
