A major initiative has been launched to enhance the agricultural sector and includes building a grain elevator and a dry port in the Lviv region.

The new elevator, which can hold up to 30,000 tons of grain, will be constructed in the Belz community, as stated by Maksym Kozytsky, head of the Lviv Regional Administrative Organization.

“This marks the start of a comprehensive project consisting of extensive grain storage facilities across Ukraine, a network of dry ports, advanced logistics hubs, deep processing plants, bioclusters, new export opportunities, and the technological modernization of the agricultural sector. Our starting point is the Lviv region,” he explained.

Most of the funding for the elevator and dry port is being provided by AgHoldCo, supported by the UAF Partners investment fund. Construction is expected to begin this year, with AgHoldCo covering 80-85% of the total investment. Additional financing will come from the Danish state export agency EIFO, which is set to provide AgHoldCo with a $12M loan for each elevator project. Meanwhile, a contribution from the Belz community is anticipated, with at least $3M allocated for each subproject.