At the recent Eastern Economic Forum, FESCO and DP World Russia signed an agreement on strategic cooperation in developing common projects aimed at developing Commercial Port of Vladivostok, which is part of FESCO Group.
According to FESCO, the agreement prioritizes developing the transit potential of Commercial Por of Vladivostok and establishing partnerships, including those involving third parties, to build up the value of FESCO’ and DP World’ businesses.
At the initial stage, the partners intend to establish a joint working group to develop suggestions for the efficient utilization and development of the Commercial Por of Vladivostok facilities.