Business news from Ukraine

INFRASTRUCTURE MINISTRY DRAWS UP SEVERAL PORT INFRASTRUCTURE DEVELOPMENT PROJECTS

27 April , 2015  

KYIV. April 24 (Interfax-Ukraine) – The Infrastructure Ministry of Ukraine has drawn up proposals on developing infrastructure at Ukrainian ports.

The press service of the ministry reported that among the proposals are promising projects on r existing and construction of new facilities and the development of port-side areas at Illichivsk, Izmail, Mariupol, Kherson, Odesa, Berdiansk, Bilhorod-Dnistrovsky, Mykolaiv ports and other seaports. The projects foresee public private partnership.

“We want to attract investors to develop the port infrastructure of the country. We’re working on the creation of effective conditions for the realization of investment projects. The seaports of Ukraine have a powerful competitive potential among Black Sea region countries and we could even increase it, improving infrastructure. We met several potential investors, visited ports and showed existing abilities,” reads the report, citing Deputy Minister Yuriy Vaskov.

The ministry said that the project to develop infrastructure at Odesa seaport foresees the building of a yacht complex along Androsivsky pier. Investment totals around UAH 152 million.

The project foresees the reconstruction of the handling complex near berth seven and berth eight. The annual complex’s capacity is 1.5 million tonnes. Investment totals some UAH 200 million.

It is planned to reconstruct a handling complex near berth 10 and berth 12 with the possible construction of a grain handling complex with an annual capacity of 2.5 million tonnes. The investment amounts to near UAH 282.5 million.

The project foresees the reconstruction of a handling complex on the base of berth 14 for general cargo with an annual capacity of up to 1-1.5 million tonnes. Investment totals around UAH 300 million.

The Ukraine shipyard will be also optimized and developed. Investment amounts to some UAH 1.2 billion.

The project will be financed using investors’ funds.