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Group "Sum" is going to apply to the National Welfare Fund at 46 billion rubles.
The company will use these funds to finance the Big Port Zarubino project. Other investors in the project will be Chinese and Russian banks.
As Ziyavudin Magomedov, the main shareholder of Summa, stated, several Chinese companies can become investors of the project, RIA Novosti reports. According to Magomedov, the amount of the Zarubino port project implementation is about $ 3 billion.
Of these, Sum's own funds amount to about $ 1,2-1,3 billion, and the remaining funds, according to Magomedov, are laid in the federal program for the development of Siberia and the Far East.
The capacity of the port of Zarubino in Primorsky Krai (the coast of the Sea of Japan) is planned to increase to 100 million tons per year. Initially, it was planned that the volume of public and private investment will be $ 1 billion, but then this amount increased to $ 3 billion.