LUGAPORT PROJECT
LUGAPORT is a large-scale investment project of the Novotrans Group of Companies to construct a multipurpose trading terminal in the seaport of Ust-Luga (Leningrad Region). The transport facilities are intended to handle general and loose cargoes, as well as grain and food cargoes with a total volume of 24.26 million tons per year. The terminal will be able to process up to 1,100 wagons per day from the junction station Luzhskaya Generalnaya. Its five berths will serve Panamax, New-Panamax, and Baby-Capesize classes of vessels.
The implemented project of the LUGAPORT terminal is quite multipurpose. For the first time a Russian port in the Baltic will provide an opportunity to handle grain cargo in large volumes, namely more than 8 million tonnes per year. Thus, LUGAPORT will provide Russian exporters from many industries with transshipment capacities that only Estonian, Latvian and Lithuanian ports have offered before.
Thus, the project is vitally important for Russia’s transport security. The terminal is aimed at redirecting to itself those freights, which today go to the Baltic countries and Finland. The cost of transshipment of freight reoriented to LUGAPORT will be about 17.5 billion 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 Russian Railways (JSC), the long-term development program of Rosmorport (Federal State Unitary Enterprise), the Territorial Planning Scheme of the Russian Federation in the field of federal transport, and other documents.
INVESTMENT PROJECT EXECUTION PERIOD:
2024
December
Commissioning