1. Home
  2. Maritime industry news - PortNews
  3. Odessa Commercial Sea Port to implement 11 investment projects totaling $1 bln by 2015

2009 September 21   07:30

Odessa Commercial Sea Port to implement 11 investment projects totaling $1 bln by 2015

By 2015, Odessa Commercial Sea Port plans to implement 11 investment project with ttal value of UAH 8.5 bln (some $1.076 bln), the port’s head Nikolai Pavlyuk told PM Yulia Tymoshenko during her visist to the port on September 19, finance.ua reports.

According to Nikolai Pavlyuk, UAH 3.5 bln is to be invested from the port’s own resources, UAH 5 bln – foreign investors. Upon implementation of the above projects the capacity of Odessa Commercial Sea Port will increase from current 43 million tonnes to 62 million tonnes  by 2015.

Net profit of the port will raise to UAH 532 mln, or to UAH 1 bln considering activities of stevedoring companies. The port’s revenue is to exceed UAH 25 bln, 1,430 new work places are to be created. Taxes to be paid by Odessa Commercial Sea Port are to make UAH 421.6 mln by 2015, or UAH 850 mln with consideration of stevedoring companies.

In particular, the company is to build a container terminal capable of handling 300-meter and over vessels with the draft of up to 15 and over meters. The project is valued at $500 mln.

Latest news

2025 April 2

Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30