The consideration of the conclusions on an analysis of the effectiveness of concession projects is expected to be completed by the end of December, and the Ministry of Infrastructure plans to prepare tender documentation in January.
The investment is expected to result in a significant increase in the volume of container handling in the port.
The project involves reconstruction of two berths at the seaport.
The state-owned seaport has handled 11.2 million tons of cargo since the beginning of this year.
The terminals will be located in the rear of the berth No. 8.
Implementation of the project will be coordinated with Ukrainian Railways.
However, the period and thoroughness of inspections of ships could increase.
According to the Agreement Azov Sea and Kerch Strait are inland waters of Ukraine and Russia. Merchant vessels, as well as navy vessels, that are sailed under the flags of Russia and Ukraine have the right to proceed unhampered through Kerch Strait without the necessity to go through any permitting procedures.
Kherson And Olvia Port Concession Projects Entering New Phase Of Implementation
The reduction is aimed at achieving cost savings.
Louis Dreyfus Holding B.V. intends to significantly increase its investment in Ukraine over several years.
However, the number of projects that need to be implemented is significantly more than the company has thus far managed to implement.
The main projects are the reconstruction of berths No. 6, 7, 8, reconstruction and construction of additional capacity of grain terminals.
Grain and ore accounted for about 50% of the total volume of cargo handled by Ukrainian seaports during this period.
Also Nibulon wants to operate the Kherson river port.
The project will be implemented in two phases
EBRD is expected to provide an additional EUR 150 million for this project.
The train will cover the distance of 628 kilometers in 18 hours
Compared with the previous Logistics Performance Index, the country has climbed 14 positions.
Ukraine exported 39.4 million tons of grain during the 2017/2018 marketing year