Government approved concession tenders of state enterprises Olvia Stevedoring Company and Kherson Commercial Sea Port

The Government approved concession tenders of property of the state enterprises “Olvia Stevedoring Company” and “Kherson Commercial Sea Port” - Volodymyr Omelyan - August 14, 2019 The Government has approved concession tenders of property of the state enterprises “Olvia Stevedoring Company” and “Kherson Commercial Sea Port”. Volodymyr Omelyan, the Minister of Infrastructure of Ukraine stated the above after the meeting of the Cabinet of Ministers of Ukraine, August 14, 2019. The Minister of Infrastructure noted that the work on transferring infrastructure objects to concession has been ongoing since 2015: “The Ministry of Infrastructure was the first to prepare all the necessary documentation for the concession in Ukraine. During these years, we have prepared a new law on concession, created the Public-Private Partnership Office SPILNO, which has prepared a feasibility study for a number of infrastructure objects, and passed all bureaucratic approvals, procedures and requirements. More than 20 Ukrainian and international companies have already shown their interest in projects and are considering their participating in concession tenders”, Volodymyr Omelyan said. The concession project of property of the state enterprise “Olviia Stevedoring Company” envisages the transfer of the property of the state enterprise “Olvia Stevedoring Company”, the property of the state enterprise Ukrainian Sea Ports Authority (USPA) and objects specially built in accordance with the terms of the concession agreement. The project in the port of Olvia will help to attract investment for up to UAH 17.3 billion and to increase budget revenues up to UAH 58 billion for the whole period of the concession agreement, including receipts from concession payments up to UAH 19.5 billion. The concession project of property of the state enterprise “Kherson Commercial Sea Port” envisages the transfer of the property of the state enterprise “Kherson Commercial Sea Port” and the property of the state enterprise USPA and objects specially built in accordance with the terms of the concession agreement. The project in the port of Kherson will help to attract investment for up to UAH 1.37 billion and to increase budget revenues up to UAH 14.3 billion for the whole period of the concession agreement, including receipts from concession payments up to UAH 2.8 billion. The next step is the approval of the tender documentation by the tender committee, after which the Ministry of Infrastructure will announce concession tenders. All property transferred and created by the concessionaire is an object of state ownership. Source: Government of Ukraine

Government approved concession tenders of state enterprises Olvia Stevedoring Company and Kherson Commercial Sea Port

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Government approved concession tenders of state enterprises Olvia Stevedoring Company and Kherson Commercial Sea Port

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All news

Over 1 ton of cocaine en route to Morocco seized in Brazil’s Itapoa port

Russian Navy: The Arctic – a region of possible future conflict

New shipbreaking yard in Egypt’s Damietta port

Latakia and Beirut ports might lose captagon “business”

CMA CGM heads consortium with concession in inland Port of Lyon

Our Expert Analysis

Latest Free Reads

Top Ports