State-owned enterprise (SOE) Ukrainian Sea Ports Authority, COFCO Agri Resources Ukraine (the agricultural exporter), SOE Mariupol Maritime Merchandise Port and STT LLC signed a memorandum of cooperation to develop the Mariupol port during the RE:think. Invest in Ukraine forum, held in Mariupol on Tuesday.
Ukrainian Sea Ports Authority Head Raivis Veckagans, Ukrainian Infrastructure Minister Vladyslav Krykliy, Director of Mariupol Maritime Merchandise Port Oleksandr Oliynyk, COFCO Agri Resources Ukraine Director General Volodymyr Osadchuk and STT Head Volodymyr Sudeiko signed the document.
“The memorandum provides for the implementation of an infrastructure project in the port of Mariupol, which will ensure the attraction of a total of more than UAH 1.3 billion of investment in infrastructure development and increase cargo traffic by 2.3 million tonnes,” Krykliy said.
According to him, within the framework of this document, reconstruction of two berths, construction of the second stage of the grain terminal and the creation of a single transshipment complex of food and liquid food cargoes are also planned.
Veckagans said told Interfax-Ukraine that, in particular, within the framework of cooperation, an increase in the cargo flow of the Mariupol port in grain, meal and oil to 1.2 million tonnes is expected.
“Today, we see an increase in the agro-industrial business [in ports], which was smaller before and this leads to a better result. Business, for its part, and our customers are targeted for prospects and we must support this,” he said.
Ukrainian businessman, the owner of the DCH Group, Oleksandr Yaroslavsky is ready to invest $100 million in construction of a new Donetsk airport.
“I have been thinking for a long time and have decided to give $100 million and build a new airport in Donetsk. Considering that I understand this, our company has experience in both construction and operation, I am ready to build the new airport on the site of the completely destroyed old one,” he said in an interview with Interfax-Ukraine on Tuesday in Mariupol on the sidelines of the First Investment Forum.
Yaroslavsky said that the airport will become a symbol of the return of peaceful life.
The businessman said that the implementation of this project will be possible after the completion of the process of reintegration of the occupied territories of Donbas into Ukraine.
Tax reform in Ukraine will start in 2021, Ukrainian President Volodymyr Zelensky has said during the RE:THINK. Invest in Ukraine investment forum in Mariupol.
“We will carry out a serious tax reform, which will begin in 2021,” he said.
JSC Cherkasyoblenergo intends to build two overhead power grids of 150 kV for connecting Greenteco LLC solar power station with a capacity of 55.4 MW (Chyhyryn district of Cherkasy region) to the 150/35/10 kV Orbita substation, according to the website of the unified register of environmental impact assessment.
It is also planned to reconstruct the 35 kV PRK-1 and PRK-2 grids to transfer them to a power of 150 kV.
Greenteco solar plant belongs to the Norwegian company Scatec Solar.
As reported, in July the European Bank for Reconstruction and Development issued a loan of EUR19.7 million to Greenteco solar plant for the construction of a solar station. The total project cost is EUR56.2 million.
In 2018, Scatec Solar established and acquired about half a dozen companies in Ukraine to carry out its solar plant construction projects. The company plans by 2020 to build about 400 MW of capacity in Ukraine.
International companies are interested in concession of Olvia stevedoring company and Kherson maritime merchandise port, and four or five applications have arrived, Ukrainian Infrastructure Minister Vladyslav Krykliy said on the sidelines of the RE:think Invest in Ukraine forum opened in Mariupol on Tuesday.
“[Investors] are already applying for concession of the Olvia stevedore, Kherson port, although there is time until the end of December. There are already four or five applications [for both stevedore and port], and when we held the conference, we had about 30 participants, and two thirds of them are international companies not from the local market. So, the talks that our [Ukrainian] companies will come and take them into concession have not come true,” he said.
According to Krykliy, some of the companies interested in the concession have already invested in Ukraine and are ready to continue their work in the country.
“Among the companies that have already submitted applications, there are both foreign and Ukrainian investors… There are applications from China, Qatar, Singapore and several more,” the minister said.
As reported, the government announced the start of competitions for pilot concession projects in the port industry on September 12, 2019.
Infrastructure Ministry of Ukraine is mulling the possibility of concession of the Lviv airport, Infrastructure Minister Vladyslav Krykliy said on the sidelines of the RE:think. Invest in Ukraine forum opened in Mariupol on Tuesday.
“Among the state-run airports, we have only two – Boryspil and Lviv. It is more rational to talk first about the Lviv concession,” the minister said.
He said that the Boryspil airport already has its own development strategy, which it is now successfully implementing on its own, and this also needs to be taken into account.
“Concession has a very simple formula. If a project is troubled or unprofitable, it can be transferred to a concessionaire under very favorable conditions for obligations to increase traffic, and other things. If this is a profitable activity, as in the case of the Boryspil [airport], the issue is ambiguous, because the Boryspil [airport] grows on average in passenger traffic by 15-20% annually… If an investor is ready to take on obligations to increase passenger traffic two or three times faster, then it is already possible to speak about it. But I am not sure that someone will undertake such obligations,” Krykliy said.
As reported, in September, the Infrastructure Ministry of Ukraine announced that it was preparing pilot projects for the transfer of regional airports to concession.
