Business news from Ukraine

KYIV RIVER PORT TO BUILD CEMENT TERMINAL AND NEW LOGISTIC COMPLEX

JSC Kyiv River Port plans to build a class A logistic complex with a cargo area and a terminal for a cement base, the port has reported on its website. In addition, the port plans to focus on the development of rail and container traffic; as well as actively develop trade relations and transportation with Belarus.
The logistics complex with a cargo area will occupy an area of 10,000 square meters, of which 2,000 square meters will be reserved for office space.
The railway infrastructure is planned to be used, first of all, for work with sand, crushed stone, metal and cement.
In addition, the company said that, since 2014, the company has provided over UAH 40 million for the development of infrastructure.
“A customs complex with an international checkpoint was built, office buildings, workshops and warehouses were reconstructed and repaired, the territory was cleared of garbage and modern security equipment was installed. The railway line was fully restored and weight complexes were installed,” the company said.
The ships also installed new navigation equipment and modern security equipment, an icebreaking tug and a floating crane were purchased.
“Today, the Kyiv River Port is successfully developing in eight directions, starting with cargo handling services and ending with passenger transportation,” the company said.

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BELARUS AND TURKISH INVESTOR PLAN TO BUILD RIVER PORT ON BORDER WITH UKRAINE FOR ACCESS TO BLACK SEA

Belarus is considering the possibility of building a river port on the Dnipro River in Gomel region near the border with Ukraine in order to use river-sea vessels to put out to the Black Sea. The Turkish investor Derin Shipping & Trading Co. might be involved in the project.
According to the state agency BelTA, Ambassador of Belarus to Turkey Andrei Savinykh states that the implementation of the project “will turn Belarus into a maritime state.” The project could be implemented by building a port terminal in the village of Nizhniye Zhary (Gomel region).
“Our Turkish partners are considering the possibility of building a port in Nizhniye Zhary, which will turn Belarus into a maritime state,” the official told journalists in Gomel during the visit of the Turkish delegation to the regional center.
It is assumed that the main volume of cargo turnover will be provided by oil products (Mozyr Oil Refinery is located near Gomel) and Petrikovsky GOK being under construction in Gomel region (the project of Belaruskali, the capacity is about 2 million tonnes of potassium chloride per year).

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