Russia. A grain terminal to be launched in the Far East in 2024

Primorsky Marine Grain Terminal Company and JSC Far East Development Corporation have signed an agreement on investment activities. The capital investments will total RUB 900 Ml. The project is to generate 94 new jobs with the terminal to be put into operation in 2024.

The specialized grain terminal is intended for reception, temporary storage and shipping of wheat, rice, rye, barley and other grains, and for their export to Asian Pacific countries. The facility’s cargo turnover will be 3 MMT a year, reports UkrAgroConsult.

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UkrAgroConsult