VTB and Alabuga will fund the construction of the Deng Xiaoping Logistics Center

The project will expand the narrow bottle-neck of container logistics in the Volga Federal District.

VTB and SEZ «Alabuga» have signed a credit agreement to finance the construction of the Deng Xiaoping Logistics Center, which will be part of the «Ethylene 600» industrial park. The volume of financing amounted to 56 billion rubles for a period up to 2033.

The financing will include the construction of the largest logistics complex named after Deng Xiaoping in Russia. Deng Xiaoping, the total area of facilities will exceed 670 thousand square meters. The logistics center will receive e-commerce cargo, components from China and send to China polymers produced in the territory of Ethylene 600 Industrial Park. The design capacity of the terminal will be 100 thousand containers per year. The project implementation will allow to loop container supplies and become a convenient logistic hub for the residents of the special economic zone, the industrial park and companies from all over Russia.

The bank's credit funds will be used to build and modernize infrastructure for the construction of a logistics complex, transport and railway infrastructure, as well as engineering networks.

«VTB as a backbone financial institution of the country supports the implementation of large-scale and landmark projects, including those aimed at building new logistics chains. The bank's participation in financing the construction of the logistic center, which includes 56 billion rubles for a period till 2033, will increase the industrial potential of our country and strengthen the partnership between VTB and Tatarstan» - said Valery Lukyanenko, VTB Deputy President and Chairman of the Management Board.

«As represented by VTB «Alabuga» has received a reliable partner for the implementation of strategically important projects in Russia. Against the background of narrow «bottle-necks» in container logistics, «Alabuga» jointly with VTB will provide funding for the construction of the largest terminal in Russia named after the great Chinese reformer Deng Xiaoping. Today «Alabuga» is a full cycle infrastructure partner and development of logistics services is among our tasks. Thus, on the instructions of Rustam Minnikhanov, the President of the Republic of Tatarstan, we have looped in container shipments and cargo shipments to China. We plan to erect all the necessary infrastructure at an accelerated pace» - commented Timur Shagivaleev, General Director of SEZ «Alabuga».

VTB is aimed at all-round support of SEZ «Alabuga». Last year VTB opened a credit line to finance the prospective development of the special economic zone with a credit limit of more than 50 billion rubles. Stable financing of the logocomplex construction will allow to bring the industrial capacities of the special economic zone and the whole Tatarstan to the international level. The implementation of the project will create opportunities for creation of a modern logistic bridge with China, which according to the plans will accept and send at least one train to Chinese partners on a weekly basis» - noted Maryam Davletshina, the manager of VTB in Tatarstan - Vice-President.

In August VTB opened a credit line to SEZ «Alabuga» for the implementation of the first stage of the plan of perspective infrastructure development of SEZ «Alabuga» with the limit of 51,3 billion rubles, for a period of 10 years. Investments are directed on construction of infrastructure objects of economic zone within the limits of approved strategy of perspective development of the company till 2032. In the first stage it is planned to build ten new production buildings and water supply infrastructure of the site. Development strategy of SEZ «Alabuga» envisages expanding the number of resident companies to 195, increasing the number of jobs to 24 700.

Note:

In August VTB opened a credit line to SEZ «Alabuga» for the implementation of the first stage of the plan of perspective infrastructure development of SEZ «Alabuga» with the limit of 51,3 billion rubles, for a period of 10 years. Investments are directed on construction of infrastructure objects of economic zone within the limits of approved strategy of perspective development of the company till 2032. In the first stage it is planned to build ten new production buildings and water supply infrastructure of the site. Development strategy of SEZ «Alabuga» envisages expanding the number of resident companies to 195, increasing the number of jobs to 24 700.

Today 33 companies operate in Alabuga, the actual volume of resident investments exceeds 162 billion rubles, more than 10,500 jobs have already been created, the resident revenue for last year totaled 140 billion rubles. For investment projects SEZ «Alabuga» is a full-cycle partner, providing the best engineering, construction, human and social infrastructure.

Logistics terminal named after Deng Xiaoping will become a part of the industrial park «Ethylene 600». The logistic center will be the largest in Russia. It will appear on the territory of Tukaevsky district of Tatarstan. The initial area of the terminal under the project will be 65 hectares. The length of the container yard will be 1.05 km, which will allow to perform loading and unloading operations with the whole container train at once without additional shunting operations.

The logistics complex will provide services for short-term and long-term cargo storage, loading and unloading, order management and accounting of stored goods, weighing and marking of goods, formation of cargo lots, etc. The planned capacity of all phases of the logistics complex project is 100 thousand containers a year.

Ethylene 600 Industrial Park will be the only site in Russia where a unique window of opportunity has been created for producers of small and medium-tonnage chemicals to get access to petrochemical raw materials. The agreement on construction of the park was signed in August 2022 between SEZ Alabuga and SIBUR PJSC. The total investment in the project will amount to 1.3 trillion rubles, of which 140 billion rubles are investments of SEZ.

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