A meeting with representatives of China Road Construction Corporation International Investment (CRCCII), a subsidiary of China Railway Construction Corporation Limited (CRCC), was held at the Pivdennyi seaport authority on September 7.

This was announced by the Pivdennyi port authority, the CFTS portal reports.

According to the port authority, the possibility of building a grain transshipment complex in the Pivdennyi seaport was discussed during the meeting. The new grain transshipment complex could have a cargo turnover of 5 million tons per year.

As reported, representatives of CRCC recently held a meeting with the senior management of the Smart-Holding group. An investment project for development of an industrial park in Mykolaiv, including development of a grain terminal, was presented to the representatives of the Chinese company. A project for development of the port in Ochakiv, including dredging of the port’s waters and construction of new infrastructure, was also discussed.

A memorandum was signed between the Ukrainian Railways joint-stock company (Ukrzaliznytsia) and China Railway Construction Corp in early 2020. The stated goal of the memorandum was cooperation on development of Ukraine’s railway infrastructure and development of rail transport between the two countries.

The CRCC Group is the second largest group that specializes in development of railway infrastructure in China after China Railway Engineering Corporation. The company also engages in construction of tunnels, bridges, highways, airports, seaports, etc. in China. The domestic market accounts for about 95% of its revenues and more than half of its foreign contracts are in Africa.