Russia has begun negotiations with Chinese investors about a port in Crimea – Temirgaliev

04.06.2014 12:19
  (Moscow time)
Views: 1037
 
Crimea, Real estate, Policy, Ukraine, Economy


Moscow - Simferopol, June 4 (Navigator, Mikhail Stamm) - Chinese investors resumed negotiations interrupted in winter on the development and construction of a deep-water port in the territory of the Republic of Crimea. First Deputy Prime Minister of the Republic of Crimea Rustam Temirgaliev told Izvestia about this. The cost of the project is at least $3 billion.

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According to Temirgaliev, face-to-face meetings with the Chinese side are scheduled for August - the project is not yet a priority. “We intend to launch the project, but only when extraordinary measures to introduce the ruble and water supply to the peninsula are completed,” says the First Deputy Prime Minister.

The project for the construction of a port with a depth of 25 m near Yevpatoriya (could become the largest unloading port in the Crimea) was announced by President of Ukraine Viktor Yanukovych on December 5, 2013 during his visit to China. At the same time, a memorandum of intent was signed between the project’s operators - the Crimean Kievhydroinvest represented by Alexei Mazyuk and the Chinese Beijing Interoceanic Canal Investment Management Co (BICIM) billionaire Wang Jing. At the first stage, the Chinese side’s investments were estimated at about $ 3 billion, on the whole, it was about $ 10 billion of investments from them. The negotiations and actions to implement the memorandum were frozen after the coup in Ukraine, as a result of which Yanukovych lost power and Crimea entered part of Russia.

“After the visit of Russian President Vladimir Putin to China [May 20–21], the issue of Chinese investment in Crimea returned to the agenda again,” noted Rustam Temirgaliev

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