The bridge to Sakhalin, most likely, will not be built because it’s not enough cargo, write “Vedomosti”. The main cargo for transshipment on Sakhalin could be coal, but coal companies have not declared their interest
View of the island of Sakhalin
(Photo: Nikolai Kutuzov / TASS)
None of the owners-the miners did not support the idea of building a bridge to Sakhalin and transhipments through the island, the newspaper “Vedomosti” with reference to the words of the two officials and top managers of the three coal companies. According to the publication, the freight for transportation over the bridge, which would allow them to recoup an expensive project, is not enough.
East economic forum in Vladivostok on Wednesday, September 12, President Vladimir Putin once again instructed to study the economic performance of the project and calculate the volume of traffic. The President said that “the bridge from the mainland to Sakhalin would reveal the potential ports in the area, however, you first need to calculate the volume of traffic”. The development of the TRANS-Siberian and Baikal-Amur mainline considerably, “reveals our ability to move goods, but it can’t be only one coal.” “But if the coal [industry] a little sit down in the world?” asked the President.
In late July, Putin has instructed the government to study the economic performance of this project. “It is an old dream of those who live on Sakhalin, including it would be a significant factor in fixing the population, people. You can come and go any time of the year, in any weather, all clear. This would lead to the development of the North of Khabarovsk Krai, because you have to do approaches,” — said the Russian leader. “We would want to help, we should see the economy”, — he added then.
“Vedomosti” believe that what was happening on the forum should, rather, be regarded as an abandonment of the project. According to the newspaper, in August, the CEO of Russian Railways Oleg Belozerov wrote to the Minister of transport Eugene Dietrich, cargo base for the bridge to Sakhalin is now estimated at 8.5 million tonnes and with the planned construction of a new deepwater port at 46.9 million
According to the head of the Department of rail transport research Institute of natural monopolies Vladimir Savchuk, the traffic for the project’s financial model have been calculated incorrectly. Because of doubts in the correctness of the assessment of traffic and the cost of inappropriate construction, said Deputy Prime Minister Maxim Akimov. Questioned the need for bridge and presidential aide Andrei Belousov, said the source publication. In one of the government documents consulted source of “Vedomosti”, it is said that payback is not achieved without money the Federal budget, and in the other — that if they allocate, there is a risk of unreasonable spending of funds.
Present at the forum, Prime Minister Shinzo Abe also stated the need for examination of the technical and economic component, but another project of the bridge between Sakhalin and Japan.
At the same time, the Russian presidential envoy to FEFD Yuri Trutnev said that the need to prove profitability of the project. “While we assess the cargo base diverge. We will try to reduce the assessment. It is difficult enough to predict the return on a major investment project. There is a complex process, it is not uniform,” said Trutnev (quoted by “RIA Novosti”).