During his visit to Shanghai, RZD’s President Russian Railways Oleg Belozerov held a meeting with the Chairman of the China Yingkou Port Group Lee Hechun.
The sides discussed cooperation in a number of areas, which had previously been laid down in the Memorandum of Intent signed between RZD and the China Yingkou Port Group on 3 September 2015.
The discussions addressed the prospects for cooperating on the development of international transit routes and transport and logistics infrastructure, as well as on joint projects in third countries.
The Chinese partners confirmed their interest in establishing a joint Russian-Chinese logistics center in the Moscow region on the basis of the Bely Rast transport and logistics centre. In order to implement the project, the parties intend to create a joint project company, which will not only carry out the project itself, but also attract investment.
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