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The Onega freeway will connect Russia and Finland

Within the framework of the St.Petersburg International Economic Forum the Agreement between the Government of the Republic of Karelia and Northwest Development Corridor Inc. concerning implementation of the project of international importance on transport and logistics was signed by Head of Karelia Alexander Khudilainen and the company's Director General Dmitry Belkin.

A.Khudilainen and D.Belkin

A.Khudilainen and D.Belkin

– We all know that investors come where they can find necessary infrastructure. Today, unfortunately, Karelia's infrastructure is developed insufficiently, and creation of such transport corridor will improve investment prospects of neighbouring territories many times, as well as transport connection between Europe and central Russia. These are private investments which volume exceeds 200 billion roubles. We realise that terms of implementation of such a large-scale project may vary from 6 to 10 years, – Head of Karelia Alexander Khudilainen observed.

Implementation of the project means construction of the 426-kilometer long toll highway Onega from the Finnish border to the city of Petrozavodsk and the border between Karelia and Leningrad region. It is also planned to build a border-crossing point in the settlement of Syväoro (Russia) and the town of Parikkala (Finland). The project provides creation of the integrated digital communication system in territory of Onega highway in partnership with GLONASS, as well as construction of a house-building factory, a fossil fuel burning power station with a capacity of 40 megawatt, and an industrial complex producing pre-engineered metal buildings in Suojärvi.

In Lahdenpohja region the investor intends to create a developed infrastructure of cargo traffic control, customs terminals with warehouses of temporary and consignment storage, and a modern motor vehicle fleet.

In total it is planned to create about 1500 constant and more than 1000 permanent jobs.

– We shall use our best efforts to launch this project in 2013-2014 with completion of all the necessary legal paperwork, – Head of Karelia Alexander Khudilainen added.

It is necessary to note, that implementation of the project will make a substantial contribution to development of the economy of Karelia, will provide additional assignments to the budgets of all levels, will improve investment prospects of the republic through creation of modern communication and infrastructure.

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Created: June 20, 2013. Last updated: June 21, 2013.
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