FAR EASTERN GRAIN TERMINAL LLC (DVZT)

info@dvzt.ru
Bulvar Morskoy, 15, Slavyanka pgt,
Khasan rayoun, Primorsky krai
692701, Russia

JSC United grain company is progressing in the implementation of investment project of construction of the Far Eastern grain terminal with capacity of 3 million tons of grain per year

11.11.2016



On 10 November 2016 Far Eastern Grain Terminal LLC was registered in Vladivostok, Russia. Far Eastern Grain Terminal LLC is a 100% subsidiary of JSC United grain company, established in accordance with the Directive of the Russian Government. Creation of Far Eastern Grain Terminal LLC and its registration in the Khasan district of Primorye are the next step in the framework of the construction of a specialized Grain Terminal in the sea port Zarubino.

In the near future Far Eastern Grain Terminal LLC will form the package of documents required for application for the resident status of free port of Vladivostok.

Until the end of the year JSC United grain company will pass to its subsidiary a long-term lease of the land on which the facilities of a Grain terminal will be situated and will assign the rights of the customer under the contract for performance of engineering researches and design documentation. Now in Zarubino, on the coastline and waters the project institute (Morstroytechnology) is already working in order to complete first stage of project documentation development. The construction of the Specialized grain terminal is of strategic importance for Russia. Siberia and the Far East have huge potential for growth in production and yield of grain, which are constrained by underdeveloped infrastructure and distribution channels. Potential grain production growth in the Siberian Federal district and Far East Federal district is up to 3 million tons by 2020 and to 5 million tons by 2030.

The construction project of Far Eastern grain terminal has been identified as one of the priorities of investment policy of JSC United grain company for the period 2015-2020. Investment program consists of the following steps for the implementation and development of the project:

Stage I:
2016-2018 years – pre-design and design and survey works;
2018-2020 years – construction of the first starting complex with capacity of 3 million tons of grain a year.
Stage II:
2021-2023 years – an increase of the silos and the transshipment capacity up to 10 million tons per year by building additional berths and other technological objects.
Stage III: further development of the terminal and increase of the transshipment volume.

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