Russia, North Korea to build railway and container port

Reconstruction of the railway section between North Korea’s port Rajin and Russia’s station Khasan in the Primorye territory will be launched on October 3, Itar-Tass reported.

In 2001, the Russian and North Korean leadership signed the Moscow declaration reflecting the sides’ agreement to create a railway transport corridor linking the North and South of the Korean Peninsula with Russia and Europe.

Russia and North Korea agreed to jointly implement the Khasan-Rajin pilot project that includes reconstruction of the railway and construction of a container terminal at Rajin port.

Russia has invested around US$72 million in the project, and plans to connect Rajin, and the rest of North Korea, to its Trans-Siberian Railway.

Source: http://www.cargonewsasia.com