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2008 November 25   07:08

Ukraine’s Ministry of Transport and Communications considers construction of container terminals in Odessa and Iljichevsk ports

Ukraine’s Ministry of Transport and Communications considers construction of container terminals in the ports of Odessa and Iljichevsk.  The three projects under consideration are valued at some $2 billion, Igor Urbanski, deputy Minister of Transport and Communications reports.

According to Mr. Urbanski, construction of a 800,000-TEU terminal in the port of Iljichevsk is preliminary valued at $560 million, the other terminal in Iljichevsk, which is to handle 1.2 million TEU per year is to cost $860 million, while Odessa terminal is valued at $500 million.

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