KYIV. Oct 17 (Interfax-Ukraine) – Investment of Delta Wilmar CIS and Grain Agro Invest in projects on construction of oilseeds refineries, a grain terminal and transshipment facilities in Odesa region could reach $300 million.
“Investors from Singapore and the United States will build two new oilseed refineries, a grain terminal and transshipment facilities in Lymansky district of Odesa region. Total investment in the projects will be around $300 million. Over 500 new jobs will be created,” Advisor to the head of Odesa Regional Administration Kostiantyn Chyzhyk told Interfax-Ukraine.
He said that the trilateral memorandum was signed on October 10 by Head of Odesa Regional Administration Maskym Stepanov, Director of Delta Wilmar CIS Andriy Romanov and Director of Grain Agro Invest Serhiy Tormos.
According to the arrangements between the regional administration and foreign investors, two investment projects worth $150 million each will be started.
Delta Wilmar CIS will expand its production facilities and will build a new oilseed refinery with a total annual capacity of over 600,000 tonnes and a berth to transship oil and cake with an annual capacity of up to 3 million tonnes.
The company will create around 200 new jobs and will pay some UAH 500 million to the budget every year.
The company with U.S. investment Grain Agro Invest will build a grain storage and transshipment complex and an oilseed refinery. The annual capacity of the new berth will be up to 3 million tonnes. Some 300 new jobs will be created.
Delta Wilmar CIS LLC was created in 2004. It specialized in production of oil and fat products and ingredients for bakery, confectionery and dairy products at a factory in Yuzhne (Odesa region).
