The project will include railway, terminal, warehouse and customs infrastructure VEB.RF and BEAC signed a syndicated loan agreement for the construction of the Artem multimodal transport and logistics center (TLC) in Primorsky Krai.
The project will be implemented using the "Project Finance Factory" mechanism, which is supervised by the Ministry of Economic Development. The project's budget is estimated at 40.3 billion rubles. According to the agreement, the syndicate's funds amount to 31.5 billion rubles for a period of 15 years. The volume of VEB's participation. The Russian Federation's financing of the project was approved in the amount of 7.4 billion rubles, of which 2.7 billion rubles were concessional financing from VEB.RF for priority investment projects in the Far East through the Ministry of Regional Development of Russia. The project is being implemented by FinInvest.
First Deputy Minister of Economic Development Maxim Kolesnikov: "The Artem TLC project is aimed at achieving the national development goal"A stable and dynamic economy,“ which was defined by Russian President Vladimir Putin. The construction of such a large infrastructure project will help increase cargo traffic and accelerate the delivery of industrial goods and goods to enterprises and the population of Primorsky Krai. TLC "Artyom will increase the efficiency of the Far Eastern ports by withdrawing non-core cargo storage and distribution operations from their territories. The terminal is being built as part of the "Project Financing Factory" mechanism, which guarantees investors the stability of the loan rate."
Deputy Chairman of VEB.RF Artem Dovlatov: "This is an important step towards the implementation of a large-scale project aimed at increasing the competitiveness of Russian ports and strengthening the country's transport infrastructure. Thanks to this project, we will be able to increase the capacity of the Far Eastern ports, reduce transportation costs and accelerate the movement of goods, creating additional opportunities for the economic growth of the region. The project will also create new jobs and contribute to the achievement of strategic goals for the socio-economic development of Primorsky Krai until 2030."
Anatoly Popov, Deputy Chairman of the Board of Sberbank: "Artyom Dry Port is not just a new infrastructure project in Russia. Primorye. Its construction is of great importance for the entire transport and logistics industry of our country. Artyom will become the largest port in Russia. Russia and one of the key links in the supply chain between Russia and China, which will increase trade turnover with friendly countries. Beber prioritizes financial support for projects that boost the region's economy and create new jobs."
TLC will become the largest dry port in the Far East of the Russian Federation with a modern railway, terminal, warehouse and customs infrastructure capable of providing cargo owners with high-quality logistics service that meets international standards. The terminal will use a unique technology for accelerated handling of container trains.
The total area of the shopping center is about 455 hectares. Cargo turnover will amount to 0.5 million TEU per year. The project involves the creation of 230 jobs. The temporary commissioning of the 1st stage is 2025, and the commissioning of the 1st stage is 2027.
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