Moscow court prolongs house arrest for director Serebrennikov to Jan 19, 2018World October 18, 1:11
Rusisan tennis star Sharapova comments on her performance in VTB Kremlin CupSport October 17, 19:29
Russia blacklists almost 400 football fansSport October 17, 18:48
Window for dialogue with Ukraine still open — diplomatRussian Politics & Diplomacy October 17, 18:40
Sharapova out of 2017 VTB Kremlin Cup in Moscow after 1st roundSport October 17, 18:35
Ten Russian universities included in Times Higher Education rankingSociety & Culture October 17, 18:00
Diplomat reveals foreign structures behind wave of fake ‘Russian embassy’ accountsRussian Politics & Diplomacy October 17, 16:57
Russian Guard, police may get electroshock shields for special operationsMilitary & Defense October 17, 16:41
Catalonia promises not to give up independence bidWorld October 17, 16:21
MOSCOW, May 29. /ITAR-TASS/. Chinese investors will resume suspended talks in August on building a $3 billion, 25-meter deep-water port near Yevpatoria in Crimea, the republic’s first Deputy Prime Minister Rustam Temirgaliyev said.
This would be the first advance in Chinese plans to invest $10 billion in peninsula developments, announced before the fall of President Viktor Yanukovych.
These were to develop at Yevpatoria, upgrade the port in the city of Sevastopol and create an economic zone in Crimea for electronics and IT companies.
A $7 billion worth second stage was expected to build oil complexes, grain elevators and liquefaction plants, and to lease Crimean agricultural land.As the peninsula’s status changed to become a region of the Russian Federation, China's interest broadened into prospective joint projects with Russia, including a bridge or a tunnel across the Kerch Strait. This links Crimea's Kerch peninsula and the Taman peninsula of Russia's Krasnodar region.
Construction could require upwards of 100 billion rubles ($2.9 billion) if rail tracks were laid along the bridge, according to Russian Transport Minister Maxim Sokolov.
Chinese companies are also keen to take part in thermal and alternative energy projects in Crimea though further investment schemes have not yet been specified.