Ukraine plans to revive Reni, its main Danube River port, by creating a special economic zone with corporate income tax breaks
Friday, June 1, 2018

Ukraine plans to revive Reni, its main Danube River port, by creating a special economic zone with corporate income tax breaks

Ukraine plans to revive Reni, its main Danube River port, by creating a special economic zone with corporate income tax breaks, Vice-Prime Minister Volodymyr Kistion, said Thursday at a forum in Odesa, Ukrainian Ports-2018. The tax break endorsement came after Maxim Stepanov, head of Odesa Region said: “The port is in a coma. Either it will die.Or we will resuscitate it.” In the 1990s, the port handled 10 million tons of cargo a year. Last year, it handled 1.1 million tons, a 16% increase over 2016. Signaling support to the region, President Poroshenko inaugurate today a bridge on the new Odesa-Reni highway. In Kyiv on Tuesday, Erhard Busek, an Austrian politician who chairs the Institute for the Danube Region and Central Europe, said he is surprised how Ukraine traditionally ignores its Danube ports.

Previous post
Zaporizhia airport, the busiest airport in Ukraine’s southeast, is closed through June for repairs to the runway.

Zaporizhia airport, the busiest airport in Ukraine’s southeast, is closed through June for repairs to the runway.

Next post
Fresh from inaugurating a new bridge across the Dniestr, President Poroshenko wants to speed traffic westward with Ukraine’s first bridge across the Danube

Fresh from inaugurating a new bridge across the Dniestr, President Poroshenko wants to speed traffic westward with Ukraine’s first bridge across the Danube

Previous Main Topics