Upgrade loan for Vyborg
A multi-purpose port situated in the Gulf of Vyborg, about 113km from St Petersburg, will be helped in its ¢ 233m ($366m) modernisation by a ¢ 115m ($180.7m) loan from the European Bank of Reconstruction & Development.
Vyborg Port will benefit from new port equipment, road and internal rail repair, upgrade and expansion of berths, increased container storage and warehouses, improved administration, customs clearance and security offices.
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