Business news from Ukraine

Business news from Ukraine

Private companies continue to build new terminals in Ukrainian ports

27 February , 2025  

Private companies are building new terminals in deep-water ports despite the surplus of transshipment capacity in 2024-2025 marketing year (MY), said Yuriy Vaskov, former deputy minister of development of grommads, territories and infrastructure (Ministry of Development).

“Regarding seaports today we have a surplus of transshipment capacity, but it is a difficult 2024-20525 marketing year … Even in the period of surplus capacity, several companies are building new terminals in deep-water ports, grain terminals. But, unfortunately, still do not have the opportunity to build their own berthing facilities on the lands of the water fund,” he said at the conference ‘Agro Sector 2025: Challenges and Opportunities in the New Realities’, organized by the analytical center We Build Ukraine on Thursday.

According to Vaskov, to increase the flow of private investment in the construction of port infrastructure, changes in legislation are needed, in particular, government decisions that will regulate the issue of construction on water fund lands.

“Tens, maybe even hundreds of millions of dollars now cannot be invested, I emphasize, in private business solely because of the uncertainty of this procedure,” Vaskov emphasized.

 

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