OREANDA-NEWS. September 08, 2010. Enterprise Estonia decided to support with 13 million kroons (EUR 0.83 mln) a logistics cluster project bringing together ports, terminals, railway companies, the airport and forwarders.

The Estonian transport and logistics companies that have gathered into the logistics cluster will together market the geographical location of Estonia in foreign markets and are hoping to boost their export turnover by almost one-third in five years, executives with the project said.

The 2.5-year-old logistics cluster project managed by the Logistics and Transit Association is the biggest cluster cooperation project in Estonia in terms of the number of companies involved, monetary volume and planned duration alike.

In all 19 companies of the logistics sector have joined the cluster. The manager of the cluster, Urmas Koiv, said the geographical range of cooperation extended from the CIS to China, Japan, India, North and South America.

He said the plans include launching a program of master's studies in supply chain.

The managing director of the Estonian Ports Association, Viktor Palmet, said that acting alone individual companies were not capable of achieving a breakthrough on foreign markets. "There's a shortage of possibilities, know-how and money alike," said Palmet.