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Summa Group has entered into an agreement with the Chinese province of Jilin on the development of the Big Port Zarubino project
President of Summa Group Alexander Vinokurov and Governor of the Chinese province of Jilin Bain Chaolu yesterday signed a cooperation agreement in the implementation of the Big Port Zarubino project in the Primorsky Territory. The agreement was signed within the framework of the official visit of Russian President Vladimir Putin to the People's Republic of China (PRC).
The agreement notes that cooperation in the implementation of the project “Big Port Zarubino” will contribute to the development of the economic potential of the Far Eastern regions of the Russian Federation and the provinces of China, as well as the overall strengthening of Russian-Chinese relations, the press service of the company said.
“Big Port Zarubino” is planned to be built in the Trinity Bay, in 18 km from the border of the Russian Federation with China. Its freight turnover will be 60 million tons per year (transit, export, import). It is planned that grain, containers, bulk cargo, rolling Ro-Ro and other cargo will be reloaded through the port. It will be a naturally protected deep-water port with year-round navigation (without the involvement of ice-class vessels). Up to 60% of the port's cargo turnover, it is necessary to transit goods from the northern to the southern provinces of the PRC. The total investment in the project will be more than 40 billion rubles. An area of over 100 ha has been acquired for the construction of the port terminals.
The parties will cooperate in order to attract freight traffic on mutually beneficial conditions, and also jointly contribute to the development of a bilateral transport corridor with a simplified regime of customs procedures.