Saudi Arabia to build port terminal in Ukraine - Ministry of Infrastructure

Saudi Arabia's state-owned SALIC (Saudi Agricultural & Livestock Investment Company) plans to build a port terminal in Ukraine, the press service of the Ukrainian Ministry of Infrastructure reports.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

At the same time, the press service did not specify the cost of the future project and the approximate terms of its implementation.

According to the report, the Ukrainian side discussed the issue of access to cheap credit facilities and portfolio investments with the Saudi Development Fund and the Public Investment Fund of the Kingdom of Saudi Arabia.

In addition, Ukraine and Saudi Arabia are interested in enhancing cooperation in the area of management of port facilities, container terminals, training and professional development of seafarers.

Read alsoUkrainian ports’ potential assessed by Japanese JICAAs UNIAN reported earlier, the Ministry of Agrarian Policy and Food noted that Ukraine intended to intensify economic cooperation with Saudi Arabia in the agrarian sphere, to help attract investments from this state to the national livestock and fishery sectors.

Read alsoUkraine says Crimea, Sevastopol seafarers’ documents invalidUkraine is also interested in intensifying cooperation with Saudi Arabia in the fields of energy, aerospace, trade, education, healthcare, and tourism.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!