Ukrainian Government attracts investments in port sector on public-private partnership
The Government attracts investments in the port sector under public-private partnership to create jobs and improve social standards for employees. According to the web portal of Ukrainian Government, this was announced by Vice Prime Minister Olexandr Vilkul at a meeting on the leading ports development of Odesa region, which was held in Odesa Sea Portunder his leadership on October 22.
The meeting was attended by Deputy Minister of Infrastructure Dmytro Demydovych, Head of the Odessa Regional State Administration Eduard Matviychuk, Chairman of the State Enterprise "Administration of sea ports of Ukraine" Yuriy Vas’kov, Head of Maritime Transport Workers Union of Odessa sea port Volodymyr Zaikov, heads of administrations of Odesa, Illichivsk ports and Pivdenny sea commercial port, director of the State maritime trade ports.
During the meeting of heads of administrations presented Vice Prime Minister programs of development of sea ports.
"The strategy envisages modernization of ports and increase capacity taking into account needs of the national economy, as well as export and transit, including in the framework of integration associations. Funding should be based on public-private partnerships. This is the basis for creating new jobs and providing high social standards for workers in the sector," Olexandr Vilkul said.
Total capital investment in the public-private partnership for 25 years into 3 ports of Odessa region may be amount to UAH 70 billion.
Vice Prime Minister Olexandr Vilkul stressed the need for use of leading international and European experience in reforming the ports, as well as in the formulation and implementation of national development strategies of marine economy.
Following the meeting Vice Prime Minister has instructed to solve a number of major ports on the reform, job creation, investment optimization procedures, including procedures regarding land acquisition, registration of real estate, concession procedures, technology design transport, establishment of free economic zones in ports.