LUGAPORT PROJECT
In 2018, Novotrans Company Group has started realization of the investment project LUGAPORT to create a modern port infrastructure in the development of 4, 5, 6-th stage of the Complex of General cargo in the commercial seaport of Ust-Luga.
LUGAPORT is a large-scale investment project of Novotrans Company Group to build a universal trade terminal at the Ust-Luga seaport in Leningrad Region. The project involves creation of complexes for handling of bulk and general freight, as well as grain and food goods with a total volume of 24.26 mln tons/year. The terminal will be able to receive up to 1,100 railcars daily from the Luzhskaya Generalnaya connecting station. Panamax, New-Panamax, Baby-Capesize ships will be handled out at 5 quays.
The uniqueness of the project lies in its versatility and in the fact that, for the first time, a Russian port on the Baltics will enable handling bulk grain freights – over 8 mln tons/year. Thus, Lugaport will provide Russian exporters from many industries with transshipment capacities that only Baltic ports currently offer.
In this aspect, the project is important for Russia’s transport security. The terminal is aimed at redirecting to itself those freights which today go to the Baltics and Finland. The cost of transshipment of freight reoriented to Lugaport will be about 17.5 bln rubles annually. This means that hefty bills will not go abroad but will replenish the Russian budget and remain in the Russian economy.
Construction is underway in accordance with strategic documents on development of the Russian transport infrastructure, including the Comprehensive Plan for Modernization and Expansion of Trunk Infrastructure until 2024, the long-term development program of JSC “RZD”, the long-term development program of FSUE Rosmorport, the Territorial Planning Scheme of the Russian Federation for federal transport and others.
INVESTMENT PROJECT EXECUTION PERIOD:
2024
December
Commissioning