The “Port Elga” company received the status of a resident of the “Khabarovsk” ASEZ for the implementation of an investment project to build a coal sea terminal and the Pacific Railway. The port and transport infrastructure will make it possible to increase the delivery of products from the Elga coal deposit in Yakutia to world markets. Under the agreement with the Far East and Arctic Development Corporation (FEDC), the investor will invest 37.1 billion rubles in the project, creating 445 jobs. The first stages of the port and railway are planned to be put into operation in the first quarter of 2025.
"The Elga Coal Complex in the Republic of Sakha (Yakutia) produces high-quality premium coking coals with low sulfur and phosphorus content. Due to their high quality, the products are in demand on the world market. In order to increase the pace of development of the Elginskoye coal deposit, a private railway from the Elginskoye deposit to the Port Elga sea terminal and the terminal itself will be launched. The railway will pass through the territory of two regions – Yakutia and Khabarovsk Region – its length will be about 531 km, including 500 km through the territory of Khabarovsk Region to the “Khabarovsk” priority development area”, said Evgeny Diev, General Director of Port Elga LLC.