Ukraine prepares new concession projects in Odesa and Izmail seaports

23 March, 09:57 PM
Odesa seaport (Photo:stejka.com)

Odesa seaport (Photo:stejka.com)

Public-private partnerships in Ukrainian ports are poised to expand, as the Ukrainian government is preparing concession projects in Odesa and Izmail seaports, the head of Reform Support Team (RST) at Ukraine’s Infrastructure Ministry, Iryna Koshel-Repnevska, told Ukrainian news agency Interfax-Ukraine on March 23.

“The only issue is investors and their interest in the implementation of these projects,” she said.

“These are private initiative projects that were started before the war, and private initiators are interested in continuing preparations even at this time. Since it’s public, I can say that one of the projects is in the Odesa port, the other one is in the Izmail port.”

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Koshel-Repnevska recalled that a concession is always accompanied by a tender, specifying that RST oversees the entire process of developing a project proposal.

She added that she considers the decision to privatize Belgorod-Dnestrovsky seaport justified, taking into account conclusions made by foreign experts who studied the possibility of a concession in this port.

“According to the results, the experts came to the conclusion that it is inexpedient and unattractive for investment,” she said.

As reported earlier, Ukrdoninvest company, that belongs to Vitalii Kropachev, became the winner of the second privatization auction for the Belgorod-Dnestrovsky Commercial Sea Port.

The first attempt to sell the seaport was made in early March, but it failed. The State Property Fund was unable to carry out the privatization – no participants applied.

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