Russia, North Korea to build railway and container port
source:http://www.cargonewsasia.com author:time:2008-09-26
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Reconstruction of the railway section between North Korea’s port Rajin and Russia’s station Khasan in the Primorye territory will be launched on October 3, Itar-Tass reported.
In 2001, the Russian and North Korean leadership signed the Moscow declaration reflecting the sides’ agreement to create a railway transport corridor linking the North and South of the Korean Peninsula with Russia and Europe.
Russia and North Korea agreed to jointly implement the Khasan-Rajin pilot project that includes reconstruction of the railway and construction of a container terminal at Rajin port.
Russia has invested around US$72 million in the project, and plans to connect Rajin, and the rest of North Korea, to its Trans-Siberian Railway.
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