15 Jun '11
Group Summa Capital, owing port assets in Novorossiysk, Primorsk and Kaliningrad, intends to invest about $300m in its first port project in the Far East.
The company is reportedly to build a transshipment complex near the Northern part of the Vrangel Bay in Primorsky district.
The port’s projected annual transshipment capacity is 15 million tons of coal and 3 million tons of general cargos.
The complex is scheduled to be launched in 2013.