14 Mar 2019 11:06

S. Korea's Daelim might build grain terminal, fish refrigeration facility in Primorye

VLADIVOSTOK. March 14 (Interfax) - South Korea's Daelim Industrial plans to build a grain terminal and a cold storage warehouse with a small-scale wholesale facility to sell fish in Primorye, the director of the group's Moscow branch, So Yeong Hun said on Thursday at a meeting with the Far East Russian region's acting deputy governor, Gagik Zakharyan.

"The area of the complexes will be up to 10 hectares with storage capacity for up to 30,000 tonnes of fish products," the regional administration's press service quoted the Daelim director as saying. The grain terminal will have storage capacity of 30,000 to 50,000 tonnes and could be located on the territory of the port or at a distance from the docks, he said.

Daelim believes Vladivostok is the best place to implement the project, but is willing to consider other options.

"The project is interesting. In order to select the necessary property for locating the complexes, we need precise criteria and calculations," Zakharyan was quoted as saying.

In June 2018, Primorye acting Governor Andrei Tarasenko invited Daelim Industrial to participate in the construction of a liquefied natural gas (LNG) plant in the region. Daelim is involved in a project to produce LNG in Vysotsk and a joint project with JSC Gazpromneft-ONPZ to modernize the Omsk Oil Refinery.

Daelim Group is involved in petrochemicals, oil refining, and construction of industrial facilities in the energy sector, including LNG terminals and development of gas fields. Daelim has carried out projects in 35 countries. The group's office in Russia opened in 2015 and can conduct design and construction work and engineering surveys.