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Grand development of Murmansk Transport Hub

Murmansk Harbour (BarentsPhoto.com)

Russia will spend 66 billion RUB on development of the Murmansk Transport Hub. Governor Dmitry Dmitriyenko believes the project will be as important for Murmansk as the Shtokman gas field.

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- The Murmansk Transport Hub is going to be a grand investment project on federal level, perhaps only comparable to the Olympic Games in Sochi, Dmitry Dmitriyenko said at a meeting in Murmansk today.

66 billion RUB will be allocated to the project over the Federal Budget, Dmitriyenko said, and underlined that Russia’s independence and security in the sphere of transport depends on the development of infrastructure in Murmansk, Regnum.ru reports.

As BarentsObserver reported, Dmitry Dmitriyenko earlier this week attended a meeting with the United Russia party in Moscow, where he got the party’s support for development of the Murmansk Transport Hub.

In December, Prime Minister Vladimir Putin signed a decree on implementation of the project, stating that development of the Murmansk Transport Hub will be financed by the federal budget as part of the earmarked program “Development of Russia’s transport system 2010-2015”.

Murmansk port will become a northern Russian hub for container shipping, oil reloading and coal and fertilizers terminals, and will be integrated in the International North-South Transport Corridor.