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Last year China’s Noble Agri invested nearly UAH 500 million in the construction of a grain facility at berths No. 1 and No. 2, while New York-based Bunge invested around UAH 1.7 billion in the construction of a grain terminal and oil extraction plant at berths No.13 and No.14, according to the Cabinet of Ministers’ report that was published on the government website.
In addition, Brooklyn-Kyiv transport company is building a grain facility in Odesa seaport with annual capacity of 4.5 million tonnes, with the project being funded with a $60 million loan from the European Bank for Reconstruction and Development (EBRD).
Read alsoEconomy Ministry: ten potential buyers for Odesa port plantHPC Ukraine company, a division of German company HPC-Hamburg, plans by 2018 to finish the project on expanding the Quarantine Mole container terminal in Odesa seaport, with the total project cost estimated at UAH 5.18 billion. At present, UAH 3.2 billion has already been invested and progress on the project is estimated at 61.5%.
It is also noted that last year Illichivsk Sea Commercial Port and French company Soufflet Negoce, which specializes in farm supplies, signed a memorandum of understanding to build a terminal at one of the port berths. The total investment is planned at $100 million.
Read alsoUkraine kicks off large-scale privatizationAs UNIAN reported earlier, according to Ukraine's Deputy Agrarian Policy Minister Vladyslava Rutytska, Noble Agri was planning the loading of the first vessel at the new grain terminal in Mykolaiv port on December 15, 2015.
In November last year, the EBRD approved a long-term loan to the tune of $40 million to GN Terminal Enterprises company (GNT Group). The funds will be used to increase the grain terminal capacity in Odesa port. The total cost of the project is estimated at $69.3 million.
Also in late October, the EBRD approved a $37 million loan for the construction of one more grain terminal in the commercial sea port of Yuzhny. The project will be carried out by Ukrainian special purpose company MV Cargo Ltd together with an American leading agrarian corporation Cargill. The project cost totals $130 million.