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$17,5m logistic hub to be built to facilitate trade between Russia and Kazakhstan

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$17,5m logistic hub to be built to facilitate trade between Russia and Kazakhstan

In the end of 2018, a major logistics hub is scheduled to be put in operation in Sol-Iletsk monotown located in the Orenburg region, Russia.

As Construction.RU was told on Tuesday by the press office of the regional administration, the total area of this facility will amount to 40 thousand square meters.

Private investor intend to put up more than 1 billion rubles ($17,5 million) in the execution of works at a construction site and equipping the facility.

The logistics hub will focus on servicing trade turnover between Russia and Kazakhstan, which is carried out along a nearby highway and railroad.

It is noteworthy that more than 500 new jobs are expected to be created there.

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