Hungary opens $71 mln rail terminal to transport Ukrainian grain to Adriatic ports

MOSCOW. Oct 19 (Interfax) - Hungary has finished building a major railway terminal on the border with Ukraine capable of shipping up to 1 million containers annually from wide-gauge tracks to narrow, and the project will get a new overland route for supplies of Ukrainian grain up and running to the ports of the northern Adriatic Sea.

Hungarian Foreign Affairs and Trade Minister Peter Szijjarto said on social media on Wednesday that the transshipment center in the village of Fenyeslitke on the border with Ukraine will provide jobs to 500 people, and 30 billion forints, over $71 million, were invested in its construction.

"The record speed of construction will pay off many times over, as the Fenyeslitke railway terminal will play an enormous role in easing the global food crisis. The fastest and most effective route for Ukrainian grain will be opened from Fenyeslitke to ports of the northern Adriatic thanks to the terminal," Szijjarto said.

The new terminal's capacity of 1 million containers per year is twice that of all rail transshipment capacities on the border between Belarus and Poland, he said.