Investment

steel Company

Russia Invests In Nigerian Steel Industry Revival  

Africa, Investment

A Russian consortium has signed a Memorandum of Understanding (MoU) with the Nigerian government to restart operations at Nigeria’s Ajaokuta Steel Plant. The plant, together with Nigeria’s  National Iron Ore Mining Company (NIOMCO), have been dormant for 42 years. The agreement was formalized during a recent visit to Moscow by Prince Shuaibu Abubakar Audu, Nigeria’s […]

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Pakistan Farmer

Russia To Assist Pakistan With Agricultural Productivity & Industrial Investments

BRICS, Investment, Shanghai Cooperation Organisation, Trade

Russia’s Deputy Minister of Trade and Industry, Aleksei Gruzdev, has been visiting Islamabad and holding meetings with his counterpart, Rana Tanveer Hussain, Pakistan’s Minister for Industries, Production, and National Food Security. The two officials discussed enhancing bilateral trade, with a focus on improving agricultural outputs. As a result, Russia has agreed to supply the latest

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Russia’s Aircraft Manufacturers To Move Into Aircraft Export Industry

Infrastructure, Investment, Logistics & Transport, Trade

Russia’s Trade and Industry Ministry is making plans to prepare a program to get Russian manufactured aircraft onto the international market, according to Anton Alikhanov, the Trade and Industry Minister. The move comes a Russia has been barred from purchasing the standard Airbus and Boeing aircraft however already had a significant domestic aircraft manufacturing industry.

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Railway

Russian Railways To Build 2,000km Of Extra Track Along The Trans-Siberian and BAM Routes To Asia

Infrastructure, Investment, Logistics & Transport, Trade

The third expansion stage of Trans-Siberian and Baikal-Amur Mainline (BAM) railway has been approved by the Russian government, allowing the Russian Railways to immediately invest in design and survey work on these extensions. This includes labour-intensive work involving the laying of over 2,000 km of new tracks, three new tunnels for the accompanying road highway,

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Russia To Construct Fuel Pipeline In The Republic Of Congo

Africa, Energy, Investment, Trade

Russia has tentatively agreed to the construction of a fuel pipeline in the Republic of Congo, according to a Russian government decree published on Monday (September 16). The pipeline will link the western port of Pointe-Noire to the capital Brazzaville, and will also pass through the town of Loutete, about 155 kilometers (96 miles) west

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Cruise Ship

Russia Developing Domestic and International Cruise Ship Industry

Commonwealth of Independent States, Infrastructure, Investment, Logistics & Transport

With Western cruise companies such as US-based Princess Cruises suspending sales of cruises to Russian citizens, Russia has begun to develop a new cruise industry designed to meet the needs of holidaymakers. In 2022, the Russian Government allocated ₽15 billion (US$164 million) for the construction of seven civilian fleet ships. Three of them will be

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Khabharovsk City

New China Border Checkpoint At Big Ussuri Island Spurs Additional Investment Projects 

China, Infrastructure, Investment, Logistics & Transport, Trade

The redevelopment of Big Ussuri Island, including the opening of a new Russia-China border crossing, is stimulating billions of rubles of investment into the area, according to the Khabarovsk Minister of Economic Development, Viktor Kalashnikov.    Bolshoi (Big) Ussuri Island is on the Amur River, along the border between Russia and China. The Russian part of

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Russian Freight

First Freight Train Route from Ulyanovsk to Azerbaijan Since USSR Era To Begin In September

China, Infrastructure, Investment, Trade

For the first time a goods train will deliver products directly from Ulyanovsk to Baku and then to Iran’s Astara in less than a month, the head of the region Alexey Russkikh said. Ulyanovsk, the administrative centre of the Ulyanovsk region, located on the banks of the Volga and Sviyaga rivers, is a major diversified

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Railway

New Russia-China Border Crossing Railway Bridge Proposed

China, Infrastructure, Investment, Logistics & Transport, Trade

A new cross-border railway bridge between the Russia’s Amur Region and China, at the Jalinda – Mohe border, is planned to be built as part of a public-private partnership scheme. Pavel Puzanov, Deputy Chairman of the Amur regional government, has stated that this new transport corridor will provide an alternative option for border crossings, relieve

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