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Integrated Investment Project to Develop Portside Territories

Integrated Investment Project to Develop Portside Territories

29 september 2011

A decision was made to include an integrated investment project aimed at development of Ust-Luga Multimodal Complex portside territories (www.ust-luga-mmc.ru) in party project. The work group is organized for its implementation.

The press release published on the official web-site (www.infros.ru) of Russia’s Infrastructure project says: “Ust-Luga Multimodal Complex is a major project to develop portside territories in Leningrad region. It is aimed at increase of investment, social and economic potential of the region. The project consists of a cargo airport, a dry port, an industrial and logistics area, an industrial business park, an air and customs terminal, residential and recreational areas. Together with Ust-Luga Sea Merchant Port they will allow establishing the largest transport and logistic hub of the country on the western border of Russia”.

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