DP World, one of the world's largest port operators, is interested in obtaining a concession on operation of the Yuzhny seaport. The Emirati-based port operator is also ready to invest in improvement of logistics at the Odesa seaport.
This was announced by the Ukrainian National Investment Council’s Secretary Borys Lozhkin.
According to Lozhkin, a Ukrainian delegation discussed these issues with representatives of DP World during a meeting at the World Economic Forum in Switzerland.
As the CFTS portal previously reported, the management of the Ministry of Infrastructure and DP World signed a memorandum of cooperation in Kyiv on 13 October 2016. On that day, Managing Director of P&O Maritime (part of the DP World group) Rado Antolovic handed Minister of Infrastructure Volodymyr Omelian a proposal to optimize the tug fleet in the Odesa seaport and declared that P&O Maritime was ready to bring international practices in the area of port asset management to Ukraine. The Ministry of Infrastructure presented other potential opportunities for investment in the Ukrainian port sector to DP World, particularly in the Chornomorsk and Yuzhny seaports.
DP World, which is owned by the government of the United Arab Emirates, owns 77 port terminals on six continents. The company expanded its port facilities in Turkey, Germany, Canada, and the United Arab Emirates in 2016.