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					“RUSSIAN PORT PUBLIC PRIVATE PARTNERSHIPS AND PRIVATISATION
PROGRAMMES TOP OF THE AGENDA AT “TRANSTEC 2010”

President Dmitry Medvedev today 18th June announced fundamental changes to the
management structures of Russian strategic industries which include shipping, sea ports
and inland waterways.

In his headline address to the St. Petersburg Economic Forum he announced a greatly
reduced management role for the State in industry, commerce and business. The official
list of strategic enterprises open to private investment and finance, including investment
and finance from foreign sources will be increased five times.

The President declared that Russia is improving conditions for investors to accelerate the
introduction of innovations including the cancellation of capital gains tax for long term
direct investment – a vital step to encourage Public Private Partnership.

The economy has expanded 4% in the first five months of 2010 and the Government
foresees improvement on this figure fuelled also by a joint fund to develop strategic
projects in which the State would provide 25% and Private Capital 75%.

Mr. Medvedev added that the future of the Russian economy relied heavily on the
introduction of new technologies. If these technologies were not available domestically
then the Government actively encourages Russian-Foreign partnerships / cooperation or
direct purchase of modern state of the art products and equipment from outside Russia.

These measures should galvanize the massive development of the Russian Sea and Inland
Ports following the latest National Ports Strategy announced by the Government.

TRANSTEC 2010 and the Second Conference « Future of the Russian Ports» is officially
supported by the Maritime Collegium of the Government of RF, the Ministry of
Transport of RF, ASOP – the Association of Russian Commercial Seaports, by the
leading individual ports of the RF, by the Union of Russian Shipowners, the Association
of Inland Ports and Waterways Companies and by the Executive Board of the
Coordination Transport Council of the Ministers of Transport of the CIS.

The Conference will highlight the opportunities for foreign ports companies to increase
their business with Russia.

The Profile of the Exhibition will be the display of equipment and services to meet the
needs of the strategy for Russian ports development, engineering for ports development,
equipment for ports development and ports and railways strategy, engineering &
equipment. Exhibitors include branches of ROSMORPORT FSUE from throughout
Russia, LenmorNIIproject Institute for Port design and Engineering, Association of
Russian Sea Ports, State Customs Service, Universal Transport Logistic Holding B.V.,
including the Sea Port of St. Petersburg, North West Shipping Company and Volga
Shipping Company.
The Second International Conference “The Future of the Russian Ports” presents a
Programme of Key Note Papers form the RF Ministry of Transport, International
Association of Ports and Harbors, Rosmorrechflot State Agency, European Sea Ports
Organisation, Russian Railways JSC, State Customs Service of RF, the Ports Equipment
Manufacturers Association and the Maritime Bank of Russia among many others.

TRANSTEC 2010 will present the opportunities to open the trade highways within Russia,
between Russia and her international trading partners and between Western Europe and
the Far East. The Russian landmass as a major EuroAsiatic transport corridor has always
been a central theme of TRANSTEC. International Ports Associations and leading
individual ports globally will be invited to participate in the Programme.

Port Links Sector – without this rapid development of sea and inland ports the production
and consumption of products for Russian industry and society will be at a level far lower
than demanded by the Russian population and the Russian business community. Port
Links include Rail Links, Road Links, Logistics Operators, Terminal Operators, Air
Links, Intermodal Transport Systems, Information Technology, Container Traffic
Development and Project Management.

In the words of the RF Minister of Transport, I. E. Levitin “The Conference will benefit
the development of the potential of Russia in sea transportation, foreign trade and
international economic cooperation.”

Full details can be found on the website www.transtec-neva.com

				
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posted:9/13/2011
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