Ukraine invites foreign investors to join in 46 port projects over the next decade, Deputy Prime Minister Volodymyr Kistion, tells a port conference in Odesa. Totaling $1.7 billion, the projects – largely building new berths and cargo handling terminals – are designed to increase by 21% the total cargo handling capacity of Ukraine’s 14 sea ports to 157 million tons of cargo. With almost half of Ukraine’s foreign trade going through seaports, the increased economic activity would create 5,000 new jobs, Kistion estimated. Xinhua, the Chinese news agency, quoted Prime Minister Groysman saying port modernization “will enhance Ukraine’s role in building the modern Silk Road.” Detailing the projects, the Sea Ports Authority has opened a English/Ukrainian site: http://investinports.com/
Ukraine invites foreign investors to join in 46 port projects over the next decade,
