Government Plans $7Bln Port on Black Sea Coast | Business | The Moscow Times

Government Plans $7Bln Port on Black Sea Coast | Business | The Moscow Times:

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View on Kerch Strait from Yenikalsky Lighthouse tower

As officials scowl at the cargo that goes out through foreign harbors, the government is making headway on a plan to build a $7 billion port on the Black Sea.

The Port of Taman will open in 2019 to handle dry cargoes, such as grain and coal, Transportation Minister Maxim Sokolov said Tuesday.

Sokolov updated President Vladimir Putin on the work to build the port in the first of a series of port-related meetings with the head of state, the Kremlin said."

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