FAR EASTERN GRAIN TERMINAL LLC (DVZT)

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

The Governor of the Altai region Alexander Karlin and CEO of JSC UGC Mikhail Kiyko signed an agreement on mutual cooperation

25.12.2017



On 25 December 2017 in the mission of the Altai region in Moscow the Governor of the region Alexander Karlin and CEO of JSC UGC Mikhail Kiyko signed an agreement on mutual cooperation in terms of ensuring the export of agricultural products to the markets of the Asia-Pacific region.

"One of the priority projects set in the Long-term development program of JSC UGC is the project of construction of a Specialized grain terminal in the port of Zarubino in the Khasan district of Primorye", - said at the signing ceremony Mikhail Kiyko.

The project is implemented by a subsidiary of JSC UGC – Far Eastern Grain Terminal LLC. The transshipment capacity of a Specialized terminal of the first starting complex will amount to 3 million tons with the prospect of increasing up to 10 million tons of grain a year.

"This agreement is important for the Altai region, which is not only a producer but also the depository of the intervention fund. Now about 200 thousand tons is stored at the 20 enterprises of the region. In addition, enterprises of the region are the largest processors of grain into flour in the country. We produce 1 million 200 thousand tons of flour per year. We are interested in deliveries of grain and flour for export," – said at the signing ceremony the Governor of the Altai territory Alexander Karlin.

"Currently, we are completing the design phase of the terminal, and next year we plan the submission of project documentation to the Federal autonomous institution "Main Department of State Expertise". It is planned that by the end of 2018 the first grain will go for export through the port of Zarubino", - said Mikhail Kiyko.

The agreement with Altai region will allow in future to open an alternative channel of export of grain and products of its processing for regions of the Far Eastern grain belt, which includes:

Ural region, the Tyumen and Kurgan region;

Siberian region, primarily major grain producing regions of Altai and Krasnoyarsk Krai, Novosibirsk and Omsk region;

As well as the regions of the Far East.

This corridor opens out to the countries of South-East Asia, with a market capacity of more than 70 million tons of grain per year.

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