Russian deputy PM supports building grain corridor in Far East - Agro Commodities - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian deputy PM supports building grain corridor in Far East

”рожай03MOSCOW, Feb 11 (PRIME) -- Deputy Prime Minister Arkady Dvorkovich supports the idea of creating a Far Eastern grain corridor with the project already being discussed by Russian companies with foreign investors, he said Tuesday.

УI think that the prospect of setting up such a corridor is a good one. On the whole, we have good grain exports prospects given our agriculture development plans,Ф Dvorkovich said at a news conference.

He said that Russian grain exports may double, if the plans are fulfilled.

УPart of these additional volumes may be supplied to the Asia-Pacific markets; it is important that we create additional logistical capacities for this. Some companies, including the United Grain Company (UGC), are interested in an active development of these plans. Talks with foreign investors, including Japanese investors, are well under way. I think that these ideas are realistic,Ф Dvorkovich said.

UGC jointly with Dalport, an affiliate of multi-industry holding Summa Group, plans to build a large terminal to store grain at the port of Zarubino in RussiaТs Far East. The 7 billion ruble terminal with a capacity of 10 million tonnes is supposed to supply grain to the Asia-Pacific region.

(34.7636 rubles Ц U.S. $1)

End

11.02.2014 12:36
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 49.9817 +0.0277 01 oct
USD 39.3836 -0.0030 01 oct
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1122.99 -0.29 17:47 30 sep
micex 1412.20 +0.28 17:47 30 sep
nyse 10746.22 -0.03 17:32 30 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 138.15 +1.75 17:32 30 sep
lkoh 2027.10 +0.96 17:32 30 sep
rosn 233.11 +1.79 17:32 30 sep
sber 76.33 -0.48 17:32 30 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 49.7000 -0.4080 14:59 30 sep
USDTD 39.6950 +0.2545 17:14 30 sep