Russia. UGC to build a large grain terminal in the Far East

20.12.2016

The United Grain Company is planning to build a specialized grain terminal with a capacity of 10 MMT a year in the Far Eastern port of Zarubino, reports UkrAgroConsult. The first phase of the project’s design is now drawing to an end; the general lay-out is already complete.

The project will be realized in three stages. The first one is expected to be finished by 2020. By that time, it is necessary to build facilities of the first start-up complex (a capacity of up to 3 MMT of grain a year), including a berth capable of receiving Panamaх and Post Panamaх vessels and a silo park. Their construction may begin in 2018. About USD 290 Ml will be invested at this point.

It is planned to finish the second stage by 2023. The grain storage spaces will be increased to 10 MMT, additional berths and other facilities will be constructed. The third stage will be kicked off after 2023 and will lead to further expansion of handling volumes.

To implement this project, the UGC registered a company named “Far Eastern Grain Terminal” in November. No large grain terminals are now available in the Far East.

Will Russia maintain leadership in the export market in future, given the current trend of port industry development? UkrAgroConsult is going to answer this question in a new market study “Russia: Record crop vs Grain-handling capacities deficit”.

 

UkrAgroConsult

 

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