Chinese holding to complete construction of grain terminal in Makhachkala port by 2028
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The Famsun Group, a Chinese conglomerate, is set to complete the construction of a state-of-the-art grain terminal in Makhachkala International Commercial Port by 2028. The terminal will have an annual capacity of 1.5 million tons and a maximum storage capacity of up to 100,000 tons. The design process for this terminal is currently in progress.
Currently, the port of Makhachkala handles a grain capacity of 500,000 tons annually. The financial details of this project have not been disclosed at this time.
Famsun Group specializes in developing and supplying comprehensive solutions for the production, processing and storage of grain and oilseed products. The company has created over 700 models of machinery and its headquarters is located in Yangzhou, China.