OREANDA-NEWS. March 3, 2008. In 2007, Sea Port of St. Petersburg  invested RUR 546 million into its own development, the company’s press center reports. Construction of an automobile terminal is being completed at the territory of Third Stevedoring Company. Investment into the project is to exceed RUR 125 million. In Designing of a container terminal to be build at the territory of Forth Stevedoring Company started in October 2007. Implementation of this project is valued at RUR 9.1 billion. The construction is to start in the second half of 2008.

A number of measures were undertaken in 2007 on modernization of cargo terminal and infrastructure to decrease the load of heavy automobiles at the port roads. Some of the measures were undertaken to prevent congestion of automobiles at Gapsalskiye Gates and at adjacent streets. A transit parking ground and a control point for trucks were open at the territory of Sea Port of St. Petersburg. Investments into the above measures totaled RUR 87.5 million. Besides, RUR 274.1 million were invested into purchase of new equipment.

A Complex for handling of general cargo was built at the territory of the 1st and the 2nd cargo districts of the port. Investments into this project totaled RUR 162.5 million.
In 2007, Sea Port of St. Petersburg started implementation of a complex Program on the Group’s development till 2011. It includes the following projects: construction of new facilities (automobile and container terminal); reconstruction of the existing facilities (overhaul of berths); development of transport infrastructure (reconstruction of checkpoints and construction of a parking ground for large transit vehicles as well as a program on transfer of cargo flow from Big Port’s districts). The investments into the Program are to total RUR 19 billion.