Qatar’s QTerminals yesterday signed the concession agreement for the Olvia port in Mykolaiv region,

Qatar’s QTerminals yesterday signed the concession agreement for the Olvia port in Mykolaiv region, reports Interfax Ukraine. Infrastructure Minister Vladislav Krykliy announced: “QTerminals is to invest about [$124 million] in the development of Olvia port and preserve jobs. The $3 million annual concession payment will be 16 times the port’s profit last year. .” QTerminals operates Hamad, the largest commercial port of Qatar, valued at $7 billion.