Port News & Information Mediterranean, Black & Caspian Seas

Makhachkala port will not be privatised soon

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Makhachkala, Russia (PortSEurope) October 1, 2021 – The long-delayed privatisation of Russia’s Caspian Sea port of Makhachkala, which was to be completed by the end of September, is postponed again until “the period 2024-2026”, following a government decision. The move confirms long-circulating rumours that the central government and local authorities are unable to convince investors…

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