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Delo Group and Russia’s Ministry for the Development of the Far East and the Arctic to jointly develop transportation in the Far East and the Arctic

Delo Group and the Ministry of the Russian Federation for the Development of the Far East and the Arctic signed a cooperation agreement at the Eastern Economic Forum. The document was signed by Dmitry Pankov, Director General of Delo Management Company, and Gadzhimagomed Huseynov, First Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic.

The parties intend to develop international sea cargo transportation through the ports of the Far East and the Arctic, as well as to increase competitiveness and volumes of domestic and international transportation through the land infrastructure of the Far East, including land border crossings. The cooperation will increase the investment attractiveness of existing and newly created preferential territories in the Far East and the Arctic zone of the Russian Federation, as well as projects implemented in the field of transportation and logistics. In addition, the parties intend to increase the efficiency of maritime and land transportation infrastructure and maritime logistics.

"We expect that the agreement between Delo Group and the Ministry of the Russian Federation for the Development of the Far East and the Arctic will allow to continue to increase transportation volumes and contribute to the realization of the economic and transit potential of the Far East and Arctic regions of Russia, as well as allow to increase the efficiency of logistics in these territories," said Dmitry Pankov.

"The development of logistics in the Far East and the Arctic is an important task, and with the turn of the country's economy to the East, its solution has become especially urgent. Delo Group's investment projects work to strengthen economic ties between the Far East and Arctic regions, increasing the level of their economic and social development and enhancing Russia's export potential. We will assist the company in selecting and applying the necessary instruments of state support, considering the needs and specifics of the regions. As a result, new jobs will be created and a significant amount of private investment will be attracted," said Gadzhimagomed Huseynov. < Back to list