FinInvest plans to launch logistics hub in Primorye during EEF in early Sept - CEO
VLADIVOSTOK. May 22 (Interfax) - The launch of the Artem Transport and Logistics Center (TLC) in Primorye Territory is scheduled to occur during the Eastern Economic Forum (September 3-6), Alexander Kakhidze, CEO of FinInvest LLC, said at the PRO//Motion. East transport and logistics conference on Thursday.
"Construction season has now begun. We're increasing the pace of construction, switching to round-the-clock three-shift work so that by September, as I promised at the last Eastern Economic Forum, we can officially open. We plan to receive the first container train at the Vladivostok Economic Forum," he said.
A depot for rolling stock repairs will also be established at the terminal site, he said.
"Of course, this terminal will handle the full range of cargo types. If we need to load metals - absolutely. If we need to load something else, of course that will be done there as well. Moreover, a rolling stock repair depot will be created there. This is a key issue, because currently rolling stock must be repaired quite far away. It needs to travel there [to the repair depot] and return, which also reduces throughput capacity," he said.
It was previously reported that under an agreement with the Far East and Arctic Development Corporation (FEDC), the investment in the construction of the TLC, which is being developed at the Mikhailovsky advanced development territory (ADT), will exceed 13.5 billion rubles.
The dry port will be located in the Artem urban district and will include railway, terminal, warehouse and customs infrastructure.
It will store containerized cargo arriving by rail and road from Primorye ports, handle transshipment and form container trains bound for Siberia, the Urals and the European part of Russia.
The source of imported cargo will be Southeast Asia, primarily China. The complex's design capacity is 1 million twenty-foot equivalent units (TEU) per year.
The company previously planned to launch the first phase of the Artem TLC, with a capacity of 300,000 TEU, in 2023, and the second phase in 2024. It later revised the schedule, first postponing the launch to September 2024, then to 2025.
According to the Unified State Register of Legal Entities, FinInvest LLC is registered in Artem, Primorye Territory. Alexander Kakhidze owns 65% of its capital, and also owns 65% stakes in Yekaterinburg Transport Terminal LLC (the operator of the Ural TLC in the Sverdlovsk region), Novosibirsk Transport Terminal LLC (the operator of the Siberian TLC in the Novosibirsk region) and Khabarovsk Transport Terminal LLC (Khabarovsk). The remaining 35% of FinInvest belongs to Trial LLC (Moscow).
