Russian Railways (RZD) and China Yingkou Port Group Corporation reached an agreement on cooperation, within the framework of which the parties plan to promote dynamic implementation of the project for establishing an international terminal and logistics center on a basis of TLTs Belyi Rast.
The logistic center’s site is located near the village of Bely Rast in the Dmitrov District of Moscow Oblast.
“For this purpose, China Yingkou Port Group Corporation will acquire 49 percent of TLTs Belyi Rast LLC following a public tender,” say Russian Railways. At present, the company is 100 percent owned by TLTs Razvitiye, which only shareholder is Russian Railways. The two parties expressed their interest in joint management of logistic centers and multimodal transport.
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