Olvia and Kherson port concessions presented to potential bidders

Olvia and Kherson port concessions presented to potential bidders

Representatives of more than 25 Ukrainian and foreign companies (USA, China, France, Switzerland, Great Britain, Japan, Turkey, Qatar, and Korea) gathered in Kiev for the presentation of the feasibility studies for the port concession projects in Olvia and Kherson port. The feasibility studies for these pilot concession projects were developed by a consortium of international consultants, including MTBS and its local partner Interlegal.

The conference was attended by the Ukrainian Minister of Infrastructure Vladimir Omelian, who said “Ukraine is becoming more attractive for investors. We strive to prepare concession projects in accordance with global best practices and local norms and regulations. This ensures that investors can be confident in their investments and become strategic long-term partners of Ukraine. Moreover, I want to emphasise that the President of Ukraine and the government fully support the modernisation of infrastructure and attracting investors through public private partnerships”.

“Companies are interested in the concession projects of the state stevedoring companies in Olvia and Kherson. After the presentation of the feasibility study of the projects, we will hold more than ten individual meetings with potential investors, where we will discuss the possibility of their participation in the concession tenders”, the CEO of Ukrainian Sea Ports Authority (USPA) Raivis Veckagans said.

In addition, he added that the pilot projects in Olvia and Kherson are just the first step in the transformation of state-owned stevedoring companies via public private partnership. In the future, based on the experience of the first concession tenders, the state and investors will be able to interact more effectively when implementing similar projects in the ports of Chornomorsk and Yuzhny.

Source: USPA

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