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Unprofitable Imeretin Port of Sochi to be reconstructed into a yacht marina after the Olympics

Such information has been announced by the Deputy CEO of “Basic Element” Andrey Elinson.

According to him, the Company is going to commence the design works right now.

There has been earlier information from the Chairman of the “Basic Element” Supervisory Board Oleg Deripaska that the costs of the currently unprofitable LLC “Imeretin Port of Sochi” could be repaid, if the port is re-profiled into a marina and a satellite tourism area is developed.

The port is located at the mouth of Mzymta River with the transshipment capacity up to 5 million tons of cargoes a year to provide Sochi Olympics objects with construction materials.

English translation by BSN