QTerminals plans to develop the grain hub at the Olvia seaport.
The money will be invested in establishment of new production facilities at Pivdenmash.
The two parties will cooperate on development of the Zaporizhia-based PJSC Motor Sich company.
The Kherson port concession project is the basis for development of a model for investment not only in the port industry, but also in infrastructure and other sectors where concession is applicable.
Under the agreement, the concessionaire, Risoil-Kherson LLC, is granted the exclusive right to create, build, and manage the Kherson seaport with a view to its modernization and further development, and the concession will last 30 years.
According to Infrastructure Minister Kryklyi, the court’s decision is final and not subject to appeal.
An accountable, transparent and effective system for infrastructure management is considered by the international financial institutions as a prerequisite for future investments in infrastructure projects in Ukraine.
The Risoil-Kherson company has been granted permission to operate the state-owned Kherson seaport as a concession.
According to Minister of Infrastructure Vladyslav Kryklyi, nobody and nothing will stop the concession.
What we need to know about the upcoming privatization of small and large stevedoring companies.
Ports that may not be interesting to concessionaires could be offered for privatization.
The court decision was made after an appeal by the consortium formed by Ascet Shipping and Global Grain.
Risoil-Kherson won the concession tender for the Kherson seaport.
The government is offering five airports and one cargo hub to investors.
UAH 3.4 billion will be invested in development of the seaport over five years.
The winner will invest more than UAH 18 million in local infrastructure.
The EBRD launched 51 new projects in Ukraine in 2019.
The parliament also voted to approve funding for a project for improving road safety in Ukrainian cities.
The winners of the concession tender are expected to be announced in mid-January.
Inland Waterway Transport in Ukraine needs proper funding to realize its potential. Increased investments are essential and indispensable. We looked into future challenges & prospects for the sector with the EBRD.