In the spring of 2021, the representatives of the regional Parliament came up with an initiative to build a grain terminal in the region. They noted that the absence of a port holds the development of crop production in the region, as farmers are forced to export grain through agents. The project could be implemented with the support of the regional Corporation for Development, which could develop a concept, select an area for the construction, resolve issues with the rights of third parties, as well as with the necessary transport infrastructure, roads and communications.
At present, the issue is under consideration by the Deputy Governor of Nizhnyi Novgorod region, Mr. Andrei Sanosyan. In his opinion, the project has very good prospects, since the new terminal will not only allow to reduce the cost of grain transportation, but also «will expand opportunities for grain export not only to Nizhny Novgorod agricultural producers, but also to enterprises from neighboring regions».
While regional officials are discussing the possibility of implementing the project, Mr. Andrei Ivanov, the President of the Logoprom holding in Nizhnyi Novgorod, declares that his company is ready to build a terminal on its own. The volume of investments in the construction of a terminal in the city of Kstovo on the Volga river is estimated at least 1 billion rubles. «Now we are calculating how much grain the producers of Nizhnyi Novgorod can supply, whether they are able to increase the volume of supplies and whether it will be possible to attract products from suppliers from other regions that do not have access to the Volga river». According to Mr. Ivanov they are ready to consider proposals for the joint implementation of the project. However, they haven’t yet received any proposals neither from the regional government nor from the Corporation for Development.
According to the Ministry of Agriculture of Nizhny Novgorod region, in 2020 Nizhny Novgorod farmers sent 62 tons of grain for export. Almost all of the products were exported through the agents. In total, about 1.6 million tons were collected in the region.