Martin Mannion, AECOM Ports & Marine Director for Europe, Middle East Africa & India regions, represented the investment project of creating the agriculture hub in Yuzhny port designed by his company. It supposes the construction of several objects - two terminals, one for loading grain, another for seed oil, as well as oil-extraction plant. The agriculture hub project was announced at Ukrainian Ports Forum that was held in Odesa on May, 31, the CFTS reported.

The future terminal will have 440 thousand tons of storage capacity. Four storehouses with 80 thousand of capacity will be built for oil cakes and legumes.

The project is oriented for railway transport. 85% of cargoes will be delivered to the terminal by rail. Two stations for truck unloading will be also built.

The AECOM project also includes the construction of three berths, besides the existing ones. It will allow to provide simultaneous loading of two vessels with grain and one vessel with oil. The loading speed will be 3 thousand tons per hour per one vessel. The berths will accommodate vessels with 125 thousand tons deadweight.

The total loading capacity of the new terminal at final stage will be 9 million tons per year.

"Technical solutions that allow to avoid of bottlenecks and to provide the balance of all modes of transport (automotive, railway and maritime) will take into account during the consequent implementation of the project. Investments in first stage of the project will amount USD 147,5 million. As for financing, I consider the project needs such strong partner as Portinvest", Mannion said.

Portinvest Holding engages in strategic management of the port assets of the SCM Group, and it is implementing a number of investment projects in the transport sector in Ukraine. Portinvest Holding was established in 2010. SCM (System Capital Management) owns 100% of Portinvest Holding.