Far East | Finance, business | Transport, logistics

A Khabarovsk border island seeks investors

17 May '10
Khabarovsk regional authorities seek investors in construction projects on the Great Ussuriysky Island on the Amur River outside Khabarovsk, officials said.

On the Russian part of the island, half of which was transferred to China in 2008, a large border checkpoint and a tourist recreation area are reportedly planned.

Before the two projects kick off, a bridge must be built, the source said, to connect mainland Russia and the island. Under plans, construction of the bridge is to begin next year and be completed in 2013.

The bridge and the checkpoint will be reportedly financed from government coffers, while for the tourist area private business is expected. The search for investors has been reportedly futile so far; they refuse to commit before the bridge is built.

The costs of the bridge and the tourist area have yet to be specified; it is known, however, that the border checkpoint is likely to cost about $60m. The projected throughput capacity of the checkpoint is a reported 250 trucks, 50 buses and 1,500 passengers a day.

The source also said China had plans to build a $44m bridge from its territory to the island.
Publish in Twitter
Write to Facebook
Google Buzz
Write to LiveJournal
Show in MM
Share MK
COMMENT ON THIS STORY
Find Related Content

Tags: construction (426) / investors (23) / bridge (144) / tourist area (0) / border checkpoint (0) /

Latest News: Far East
25 Jun '20 | Technology & innovation
13 Apr '20 | Finance, business | Technology & innovation
4 Feb '20 | Technology & innovation
25 Dec '19 | Energy, utilities | Finance, business
 

Feature stories

21 May '20
Russian and Italian researchers have developed a...
5 Apr '20
To extend the service life of medical fabric masksan...
26 Feb '20
A Russian developer has come up with its own...
Search (News archive - 22076)

World of the Future, World of AI

Luc Jones: A Guide to Doing Business in Russia and the CIS Countries
Why Russians Don't Smile
Advertising
Venture_Russia_2019_eng
Advertising
NATT
Advertising
Marchmont News

Latest News

6 Jul '20
52 start-ups joined in June the Go Global...
3 Jul '20
A California-based start-up of Russian origin raised...
2 Jul '20
A Covid-19 vaccine has been unofficially tested on...

Most read stories from last week

6 Jul '20
52 start-ups joined in June the Go Global...
7 Jul '20
Former Chechen Prime Minister and top manager of...