Murmansk transport hub is one of the key elements of the Northern Sea Route. The Murmansk region intends to attract additional investors for the speedy implementation of the project. This was announced by the head of the Murmansk region Andrey Chibis on April 9 within the International Arctic Forum.

At the moment, infrastructure and logistics projects are implemented mainly by companies which already exist in the Murmansk region. At the same time, the current growth rates of Russia's economic activity in the Arctic give confidence that the task set by the President of the Russian Federation - to increase the volume of cargo transshipment along the Northern sea route to 80 million tons per year by 2024 - will be exceeded. Plans for the commissioning of new nuclear-powered icebreakers make it possible to increase the forecast figure for the Northern Sea Route turnover to 92.6 million tons by 2024 and to 110-120 million tons only eastwards by 2030. The Northern Sea Route is becoming a global transport corridor. This makes it possible to attract new players to the logistics projects.

The head of the Murmansk region Andrey Chibis reminded that Murmansk is the base port of the Northern Sea Route, port of call of the nuclear icebreaking fleet, the largest ice-free port in the country, processing 70% of the cargo of the Arctic pools.

Andrey Chibis also noted that the region should create the necessary conditions to attract investors.
Posted by: 09 April 2019