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22 May 2012 11:47AM

Investment earmarked for Russian ports

27 Jul 10 ,  eyefortransport
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Russia is to spend $3.29bn this year on developing its ports network, compared with $3.35bn in 2009.

 

The private sector is expected to invest 5.2 times as much on upgrading port facilities as the state. The government says that in 2010-2015, $499m will be spent by the State on ports, while private investment will total $2.77bn.

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