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South Korean investors to participate in the development of ports and East Trinity

South Korean investors to participate in the development of ports and East Trinity Photo: russian.dbw.cn

Primorye is planning to submit an application to the Ministry of Economic Development of Russia on the creation of two port special economic zones. This Primorsky Territory Governor Vladimir Miklushevsky said at a meeting with the Chairman of the Committee on National Policy of the National Assembly of the Republic of Korea, Kim Jong-Hoon.

Free economic zone is planned to create in the seaports and Trinity East. There will be free to operate («bonded») storage, processing and assembly of products, develop container transshipment complexes.

«Ports and Trinity East — Russian gateway to Asia, opening corridors» Primorye-1 «and» Primorye-2. «These special economic zones» bonded «warehouses will attract transit cargoes Chinese refocus imports to the Far East through the port of Primorsk Territory, » — Vladimir Miklushevsky.

«Further development of Primorye today need to modernize the existing ports. Korean companies willing to participate in such investment projects», — Said Kim Jeong Hoon.

Creating a regional free trade port areas will stimulate the development of transport and logistics center of Primorye, expand channels of export and import, using the full potential transit corridors «Primorye-1» and «Primorye-2.»

Recall the development of Primorsky Krai in the framework of the state program «Socio-economic development of the Far East and the Baikal region to 2025» will be sent to more than one trillion rubles. With these funds in the region will be implemented 88 projects. Among them — the port modernization, renovation and construction of roads and railways, the construction of large industrial facilities, development of social infrastructure and others.

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