EBRD and IFC to invest in the modernization of the Black Sea port of Chornomorsk.

Both financial institutions are supporting the Ministry of Infrastructure of Ukraine and the Ukrainian Sea Ports Authority in structuring and tendering a public-private partnership (PPP) to modernize the port by: preparing a comprehensive contractual framework; setting bidding criteria and tender rules; will liaising with potential investors, and pave the way for a successful tender. “Working with investors is the focus of our port development activities”, said the press release of EBRD.