President Poroshenko opened the first phase of the Cargill-MV Cargo grain terminal at Yuzhnyy on Friday.

President Poroshenko opened the first phase of the Cargill-MV Cargo grain terminal at Yuzhnyy on Friday. Costing $150 million and designed to export 5 million tons of grain per year, the new port complex is to be fully operating by the end of this year. Noting that the Sea Ports Administration paid a Chinese company to dredge and deepen the approach channel, Andriy Stavnitser, part owner of MV Cargo, hailed the cooperation as “an example of public-private partnership.”