Independent journal on economy and transport policy
07:04 GMT+1
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Louis Dreyfus Commodities will construct a terminal for cereals in the Russian district of Azov
The previewed investment piles to about 24 billion euros
June 22, 2015
Friday slid to Saint Petersburg, in the within International Economic Forum, Nicolas Magen, managing director of Louis Dreyfus Commodities East, branch of the Dutch Louis Dreyfus Commodities, and the governor ad interim of the Region of Rostov, Vasily Golubev, an agreement for the construction within the end of this year of a terminal for the traffic of cereals to Kagalnitskaya, a rural takeover of the district of Azov has undersigned that is crossed by the Kagalnik, river that leads in the Sea of Azov.
The previewed investment piles to about 1,5 billion rubles (24 billion euros). Initially the terminal will per year have a traffic ability pairs to 500 thousand tons that successively it will go up to 1,2 million 1.200.000 tons. The occupation of 80 people is previewed.
Louis Dreyfus Commodities East, than with the support of the Russian regional government has already put into effect all the preparatory work, will charge itself also to realize a road of connection with the new terminal. The society is one of the greater Russian grain exporter with a annual volume pairs to 1,5-3 million tons.
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