Business news from Ukraine

Business news from Ukraine

UKRKHARCHOZBUTSYROVYNA-TERMINAL TO BUILD 240,000 TONNES GRAIN ELEVATOR BY 2019

2 November , 2015  

KYIV. Nov 2 (Interfax-Ukraine) – The Ukrkharchozbutsyrovyna-Terminal maritime complex for handling liquid food products (Mykolaiv) intends to build a grain elevator with a capacity of 240,000 tonnes at Dnipro-Buzky sea port by 2019.

“Our company has a land plot. According to the project, over the next two or three years the following construction is expected: further development of the filling complex and then a transfer to the construction of warehouses for floor storage with a capacity of 60,000 tonnes with acceptance of road and railways transport,” managing director Dmytro Falko said at the international conference “The new projects of grain and oilseeds terminals in Ukrainian ports” in Kyiv.

According to him, the second stage of the project involves the construction of a silo with a capacity of 240,000 tonnes.

“The grain business is new for us, but having a history of increasing grain exports by Ukraine as a grain state, we also want to get into this business and begin the construction of a grain complex. I believe there are prerequisites for this,” he said.

Falko also said that in the long-term prospect, particular in 2019-2022, his company plans to carry out dredging work and attract investors to the construction of terminals for different types of cargo.

The implementation of the first and second stages of the project has been estimated to cost $180 million.