RT reported Sept. 10 that China’s Xuanyuan Group Industrial Development plans to build a massive logistics hub in the Amur Region in Russia’s Far East, according to the group’s CEO Hailong Xue. The hub will be located between the city of Tongjiang in China’s Heilongjiang province and the Russian town of Nizhneleninskoye across their common river (Heilongjiang/Amur River) and is designed to facilitate Russia-China cargo transfers.
“The location of this hub is very important as it will be right between our borders. There is a narrow stretch between our frontiers which makes cargo transfer rather problematic. But, with our project, we estimate that freight transportation will reach 10 million tons annually,” Hailong said. He expects cargo traffic between Russia and China to increase fourfold in the next few years and said that the estimated cost of the project will be between $600 and $700 million, with the launch of the cargo terminal scheduled for 2027.