August 4 2025

The total budget of the project will reach 40.3 billion rubles

Sber and VEB.RF signed an agreement on joint financing of the construction of the first stage of the Artyom transport and logistics center (TLC) in Primorsky Krai. The company “FinInvest”, which is implementing the project, will receive a syndicated loan from the bank and the state development corporation in the amount of 31.5 billion rubles for 15 years. The amount of Sber’s participation is 24.06 billion rubles. The total budget of the project will reach 40.3 billion rubles, the press service of Sber reports.

The project will be implemented using the Project Financing Factory mechanism.

The Artyom TLC will become the largest “dry port” in the Far East. Upon completion of the two stages of construction, it will be able to handle up to 1 million containers (TEU) per year, the design capacity of the first stage is 0.5 million TEU per year. It will be equipped with modern railway, warehouse and customs infrastructure, which will speed up cargo handling and reduce customer logistics costs.

“The Artyom TLC is located on a 455-hectare site and will become a key logistics link between Russia and Asian countries. Moreover, the TLC will increase the competitiveness of Russian ports,” the statement says.

As previously reported by PortNews IAA, the Artyom TLC may increase non-resource exports through the ports of Vladivostok and Nakhodka by 1.5 times by 2030. The operational work of the TLC with the dispatch of the first container train should begin in 2025, and the launch at full design capacity of 1 million TEU per year is scheduled for 2027.

Source: https://portnews.ru/news/380169/