On the sidelines of the Eastern Economic Forum, the Far East and Arctic Development Corporation (FEDC) signed a binding agreement on the implementation of activities in the territory of the free port of Vladivostok (FPV) with “Primorsky Plant” JSC. The investor intends to modernize the port infrastructure of Nakhodka Bay to increase the volume of exports and imports of bulk, liquid, general, container and Ro-Ro cargo, as well as ship repair work. It is planned to invest about 6.3 billion rubles in the project and create 110 jobs. “By 2028, we expect to upd ate the production base of the ship repair enterprise, previously the largest in the country. For stevedoring activities, transshipment and storage of petroleum products, repair of fishing vessels, we will carry out a large-scale renovation of the port infrastructure on an area of 64 hectares. It includes the restoration of more than 4 km of berthing facilities and transshipment terminals, the construction of more than 10 kilometers of non-public railway tracks, and the development, together with JSC Russian Railways, of the “Rybniki” station adjacent to the port. The company's shareholders se t the plant's management the task of increasing the social attractiveness of the enterprise: improving working conditions, preserving labor resources, and attracting young people to work. We plan to return the plant to its former glory and respect of the local residents. As of today, we have already started pre-design work and engineering and survey work,” said Boris Lavrentyev, Chairman of the Board of Directors of “Primorsky Plant” JSC.
