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.
The Ukrainian low cost airline SkyUp Airlines (Kyiv) will launch direct regular flights from Kharkiv to Kyiv from October 25.
According to the company’s press service, flights will be operated three times a week on Mondays, Wednesdays, and Fridays. The cost of a one-way ticket without baggage is from UAH 498.
“Thus, Kharkiv citizens will be able to fly to the capital with two air carriers: UIA and SkyUp Airlines,” the carrier said in a statement.
On October 29, SkyUp Airlines will resume flights to Sharjah (the UAE). Their cost will start from UAH 3,218 one way.
SkyUp Airlines LLC was registered in Kyiv in June 2016. The founder is ACS-Ukraine LLC of Tetiana and Yuriy Alba, who also own JoinUp! tour operator.
The European side has proposed a new framework of work with the goal of signing a long-term contract for the supply of Russian gas through Ukraine after 2020, and the Ukrainian side hopes it will be signed before the end of this year, Minister of Energy and Environment Protection of Ukraine Oleksiy Orzhel has said.
“Today we’ve discussed with our European partners and accepted new proposals regarding the framework for working with a gas transit contract. We fully support these proposals and are grateful to our European partners for them,” Orzhel said following the fourth round of talks in the trilateral Ukraine-Russia-European Commission format in Brussels.
According to him, these proposals “are based on a ten-year contract, as well as on volumes of 60 billion cubic meters of stable volumes and 30 billion cubic meters of variable volumes of gas transportation by the gas transportation system.”
“There are additional points that we sign a transport agreement in accordance with European law,” the minister stressed.
At the same time, he assured that Ukraine has a clear position in order to guarantee stable supplies in the European direction.
“We hope that we will sign the agreement (on transit) before the end of the year and ensure the reliability of supplies to the European market,” he added.
Official rates of banking metals from national bank as of october 29
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 29/10/19
Source: National Bank of Ukraine
