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Fesco to invest US$10.5 million in Novosibirsk box terminal
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Posttime:2021-04-23
RUSSIAN transport giant Fesco plans to invest RUB800 million (US$10.5 million) in an inland container terminal in Novosibirsk this year, said company president Arkady Korostelevy, reported TASS, the Russian state-owned news agency.
"In terms of the investment programme, we plan to expand our terminal network in all regions of presence. Now our business is built from east to west and vice versa, and we want to expand from north to south, that is, to cover all of Russia," Mr Korostelev said of the terminal site northwest of Outer Mongolia and northeast of Kasakhstan.
Fesco is one of the largest private transport and logistics companies in Russia with assets in the port, railway and integrated logistics business.
The group owns Vladivostok Commercial Sea Port, the Transgarant railway operator, and the Russian Troika, an operator of fitting platforms. Fesco manages 40,000 containers, its fleet of fitting platforms is about 6,000 units.
The group's fleet includes 18 transport vessels, which mainly carry out transportation on their own shipping lines. The group has three main terminal complexes in Novosibirsk, Khabarovsk and Tomsk with a total capacity of more than 161,000 TEU per year.
source:Schednet
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