Details of $75 million in company investments to upgrade Mykolaiv port, Ukraine’s second busiest, has been released by the Sea Ports Authority

Friday, December 7, 2018
Details of $75 million in company investments to upgrade Mykolaiv port, Ukraine’s second busiest, has been released by the Sea Ports Authority

Details of $75 million in company investments to upgrade Mykolaiv port, Ukraine’s second busiest, has been released by the Sea Ports Authority. Companies owned by Leonid Kryuchkov will invest $43 million to build two transshipment complexes capable of handing a total of 2 million tons a year of grain, oilseeds, vegetable oil and bulk cargo. Kryuchkov also plans to invest $4.3 million to upgrade the cargo handling capacity of Mykolaiv-Vantazhny, the city’s main rail station. Separately, China’s COFCO plans to invest up to $30 million to upgrade berths and port logistics.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
With the ‘ban on Russian men’ well publicized inside Russia, the flow of Russians into Ukraine since Friday has dropped by two thirds

With the ‘ban on Russian men’ well publicized inside Russia, the flow of Russians into Ukraine since Friday has dropped by two thirds

Next post
Ukraine could stay out of Eurobond markets in 2019 if Kyiv manages to raise enough IMF, World Bank, and EU financing

Ukraine could stay out of Eurobond markets in 2019 if Kyiv manages to raise enough IMF, World Bank, and EU financing

Previous Main Topics