The Ukrainian Sea Ports Authority (USPA) will pay more attention to dredging, service functions, and berths and other infrastructure should go to concession through tenders, head of the supervisory board of the USPA Andriy Haidutsky said.
“As you know, investments in each berth are estimated on average from UAH 500 million to UAH 1.5 billion, depending on the type of berth, its length, depth, and so on. Of course, the USPA does not have such large funds, since we have revenue of about UAH 7 billion and about UAH 2 billion of profit, but the shareholder – the state – likes to take 50-70% of the funds as dividends. Thus, we have very limited capital investments, and there is demand for new berths and infrastructure renewal. The USPA is changing – it will pay more attention to dredging, service functions, and berths and other infrastructure should go to concession through tenders,” he said during the Ukrainian Ports Forum 2021.
He noted that pilot projects of concessions in the seaports of Kherson and Olvia are already being implemented, concession tenders are being prepared in the ports of Chornomorsk, Odesa and Berdiansk.
“In the future, we will move to the concession of individual berths – this is also a world practice. And thus the state will be able to continue to receive dividends, and the port infrastructure will be able to receive investments directly in the development of the industry,” he said.
As reported, with reference to acting head of the USPA Oleksandr Holodnytsky, the transfer of the integral property complex of Kherson seaport to the concessionaire will be completed in June 2021, the property complex of Olvia specialized seaport – in December 2021.
INDIVIDUAL BERTHS, UKRAINIAN SEA PORTS, UKRAINIAN SEA PORTS AUTHORITY
