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03 December 2008 The on-line newspaper devoted to the world of transports 07:21 GMT+1



May 27, 2003

Investment Needed for Transport Sector

Poor infrastructure is putting a brake on the development of Russia's sea-freight industry, and container-shipping companies are saying that if Russia is going to reap the benefits of this rapidly growing sector, there needs to be significant investment in port terminals and interior transport networks

Currently, just 1 percent of freight in Russia and the Commonwealth of Independent States is containerized. Container-shipping operators say that the industry could double in size in the next five to seven years, but only if transport infrastructure keeps up with rapidly increasing volumes ......
Read more on The St. Petersburg Times





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