Investments expand water transport opportunities
By Olga Belyavskaya
The Belarusian Transport and Communications Ministry hopes that the new river port in the Gomel Region’s Bragin District will launch this spring, having been funded by Turkish DMR Tekstil Sanayi Dis Ticaret.
“This year, the Turkish company has promised to invest in these works. I think, we’ll soon arrange a meeting with the investor to determine step by step co-operation, while accelerating the land survey works required to build port facilities,” notes Belarus’ Transport and Communications Minister, Ivan Shcherbo. He explains that the new river port will aim to attract international cargo — primarily exports. He also notes that, last year, a test run was made, delivering oil to the site on a Turkish vessel. “Once navigation starts, we plan to resume this work,” he adds.
Last November, the Belarusian Transport and Communications Ministry joined Turkish DMR Tekstil Sanayi Dis Ticaret in signing an investment contract to build and operate a river terminal and port station on the River Dnieper (in the Gomel Region’s Bragin District). The document envisages the attraction of at least Br60bn in direct foreign investments from the Turkish side. The project will expand freight transportation by water between Belarusian and Ukrainian ports.