RUR 80 million to be invested into the port of Vysotsk in 2007
According to RF Government decree RUR 80 million will be invested into the port of Vysotsk in 2007 within the framework of Federal target program “Modernization of Russia’s Transport System”. The project implies reconstruction of berths and dredging within harbor area and approach canal to the port of Vysotsk, press release of ROSA Holding LLC reads. The spending unit and the customer of all the works is Rosmorport FSUE. Survey work is to be carried out this year. The executor is to be determined in the course of competition to be carried out by the Federal Agency of Marine and River Transport.
Implementation of the project on reconstruction and development of Vysotsk Commercial Seaport is to take 3 years. Major works are to be carried out in 2008 – 2009. In 2008, federal budget is to allocate RUR 1.123 billion, in 2009 – about RUR 936 million.
