29 August 2016

    Investment in the project, which will bring the Trans-Siberian Railway closer to the Pacific Ocean, will amount to RUB 400 billion, Russia Today reports.

    “The Samarga international transport corridor, which will shorten the cargo route via the Trans-Siberian Railway to the Pacific Ocean by more than 500 km, will be established in the Far East”, said Alexander Vasilyev, head of the Department for Development of Samarga-Holding Management Company.

    The project involves the construction of a transport corridor that will link Khabarovsk with the mouth of Samarga River (which flows into the Strait of Tartary and the Primorsky Territory): a universal sea port is to build in this area with turnover of up to 80 million tonnes of cargo per year. There are plans for the construction of a city with a population of 50,000 people near the port in the future.

    “Khabarovsk and the port will be connected by a 380-km non-electrified railway. In addition, a logistics centre will be built at the Rakitnoye site in the Khabarovsk ASEZ as part of the project”, Vasilyev said.

    Ferry service will also be provided at the Samarga port. The ferry will connect remote regions of the Far East such as Sakhalin, Kamchatka, Magadan and the Kuril Islands. The new generation ferries can carry up to 180 railway cars.

    The project is current in the business plan stage and should be implemented by 2025. The company is seeking investors in Asian-Pacific countries: in China the official agent in the search for investors will be the Industrial and Commercial Bank of China, while in Japan the ROTOBO business association will provide assistance for the project. Potential investors can learn more details about the project at the Eastern Economic Forum.