The transformation of the Murmansk port
Over the next few years, Russia will invest 41 billion RUB in the development of the Murmansk port and turn it into the country’s new Arctic hub.
In a recent meeting on the development of the Murmansk Transport Hub, regional industrial representatives said 41,4 billion RUB would be invested in the port by year 2020. Of that sum, 2.8 billion RUB will be invested before 2010, Murman.ru reports.
The port will become a northern Russian hub for container shipping, oil reloading and coal and fertilizers terminals.
Meanwhile, the Russian Railways will spend 8 billion RUB by 2010 on the upgrade of railways leading to Murmansk. This will help increase goods turnover of the Murmansk Port from today’s 16,5 million tons (2007) to 62,4 million tons by 2010, the representatives of the Murmansk Transport Hub, the management company responsible for regional infrastructure development, say.
President of the International Transport Academy Aleksandr Kondratev says to Murman.ru that the Murmansk Transport Hub will have major importance for the good transport network in Russia.
The Murmansk Transport Hub was established early 2008. It is headed by Transport Minister Igor Levitin. Stakeholders in the management company are the Murmansk Trade Port, the Russian Railways, Rosneft, Rosmorport and the Murmansk regional administration.
The Port of Murmansk (Barentsphoto.com)
