RUSSIA
March 1st, 2002
BY KEITH NUTHALLRADIO navigation is to be improved in the Gulf of Finland, notably in Russian waters, because of a planned European Bank for Reconstruction and Development-funded project. The Maritime Port Authority of St Petersburg has formally applied for a loan from the bank for a US$5.4 million project to set up three radio towers on the islands of Gogland, Sommers and Skar, part of a regional navigational safety project. The EBRD said that tendering for contracts to set up the towers is expected to commence in the second quarter of this year. Interested ...
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