Description
Russia is one of the world s most prominent emerging economies, the fact which is reflected in the volumes of cargo moving through the country s ports. The Russian Government recognizes the fact that the sector needs significant investments to keep pace with the increase in traffic and has been identified as the prime catalyst to accelerate growth in international trade and economic progress. As the trade is steadily growing and freight cost is raising the Russian ports industry is getting more and more attractive for investors (both international and domestic). The main goal is to make Russian ports competitive with its western and Asian neighbors. Russian ports in Far East are instrumental in reactivating trans-Siberian rail freight. The North East Route will soon start to play a significant role in Europe-Asia exchange requiring large investments in port infrastructure in North regions. Overall, Russia needs to expand its ports` capacity by 10-15 percent per year given the tough competition of its neighbours. Otherwise Russian ports will play a secondary role on the world market for port services.
C5 is pleased to announce its 4th International Forum on RUSSIAN PORTS which will once again bring together the port industry leaders, domestic and international investors, financiers and representatives of federal and local government.
