28 Apr '09
St. Petersburg firm SpetsMontazhStroy has completed a feasibility study for a $10m project to build a port in resort village of Kabardinka, Krasnodar region, the company reports.
The project study was conducted for an as-yet-unnamed investor, the firm said.
The port is reportedly to have a 200-meter-long rolling cargos transshipment terminal.
Further project preparations are scheduled to last 1.5 years, with construction to last up to one year.
Kabardinka is a resort village, located between the cities of Gelendzhik and Novorossiysk at the Black Sea shore.