18:21 GMT +3 hours27 August 2016
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Russia Builds Mobile Sea Port, Attracts BRICS Investment

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Russian state corporation Rostec is about to launch a unique mobile sea port, in which several companies from BRICS nations have expressed interest, the company said Friday.

MOSCOW, August 8 (RIA Novosti) – Russian state corporation Rostec is about to launch a unique mobile sea port, in which several companies from BRICS nations have expressed interest, the company said Friday.

"Moscow's design bureau Compas is introducing into the market a unique independent development, a mobile multifunctional sea port, which can be set out at any unequipped shore within just a month. No one in the world has such projects," the company said in a press release.

The structure is made of floating docks and pontoons and includes all the infrastructure necessary for its operation, including communication and monitoring systems and an independent power supply.

The cost of the mobile port is several times lower than that of a stationary one, which allows the project to pay off more quickly, Rostec said.

"The mobile port complex has undergone all the necessary tests by now. A range of companies from BRICS countries [Brazil, Russia, India, China and South Africa] have expressed interest in the project. Today, African and Latin American countries are extremely interested in expanding foreign economic trade relations," Rostec’s press service quoted Compas' CEO Vladimir Maslyuk as saying.

The port is equipped with damage control, fire protection and water pumping systems. It can be used in fresh and saline waters with a depth of 2 to 100 meters (7 to 328 feet) in moderate sea conditions, with the wave height of 1.5 meters (5 feet). The port can handle a sea level variation of 6 meters between high and low tides.

Tags:
ports, investments, Rostec, BRICS
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