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Korean company provides justification for the development of the port of Slavyanka - EastRussia | Far East

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Korean company presented the rationale for the development of the port of Slavyanka

Korean company presented the rationale for the development of the port of Slavyanka
Photo: www.investvostok.ru
Korean investor Hyein E&C presented a preliminary feasibility study for the development of the Slavyanka port. It is an anchor project of the Primorye-2 international transport corridor, which is designed to transport goods between China and Russia, as well as Korea and Japan. Intend to invest from 450 to 540 million US dollars in its implementation.

According to the agency of the Far East for attracting investments and export support, the Berkut company is the initiator of the construction on the Russian side. A multi-purpose terminal will appear on the territory of the port, including container and grain berths, the Slavyanka shipyard, and an export terminal for liquefied petroleum gas with a capacity of one million tons per year.

The multiplier effect expected from the development of the Slavyanka port will amount to 5,9 billion US dollars with an increase in value added up to 2,8 billion dollars. The project will provide jobs for 100,9 thousand people.