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    News    14 August 2019, 14:48
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The Government approved concession tenders of property of the state enterprises “Olviia Stevedoring Company” and “Kherson Commercial Sea Port”, - Volodymyr Omelyan

14 August 2019, 14:48

The Government approved concession tenders of property of the state enterprises “Olviia Stevedoring Company” and “Kherson Commercial Sea Port”. Volodymyr Omelyan, the Minister of Infrastructure of Ukraine stated the above after the meeting of the Cabinet of Ministers of Ukraine, which took place today, on August 14, 2019.

The Minister of Infrastructure noted that the work on transferring infrastructure objects to concession has been ongoing since 2015: “The Ministry of Infrastructure was the first to prepare all the necessary documentation for the concession in Ukraine. During these years, we have prepared a new law on concession, created the Public-Private Partnership Office SPILNO, which has prepared a feasibility study for a number of infrastructure objects, and passed all bureaucratic approvals, procedures and requirements. More than 20 Ukrainian and international companies have already shown their interest in projects and are considering their participating in concession tenders”, - Volodymyr Omelyan said.

The concession project of property of the state enterprise “Olviia Stevedoring Company” envisages the transfer of the property of the state enterprise “Olviia Stevedoring Company”, the property of the state enterprise “USPA” and objects specially built in accordance with the terms of the concession agreement. The project in the port of Olvia will help to attract investment for up to UAH 17.3 billion and to increase budget revenues up to UAH 58 billion for the whole period of the concession agreement, including receipts from concession payments up to UAH 19.5 billion.

The concession project of property of the state enterprise “Kherson Commercial Sea Port” envisages the transfer of the property of the state enterprise “Kherson Commercial Sea Port” and the property of the state enterprise “USPA” and objects specially built in accordance with the terms of the concession agreement. The project in the port of Kherson will help to attract investment for up to UAH 1,37 billion and to increase budget revenues up to UAH 14,3 billion for the whole period of the concession agreement, including receipts from concession payments up to UAH 2,8 billion.

The next step is the approval of the tender documentation by the tender committee, after which the Ministry of Infrastructure will announce concession tenders.

All property transferred and created by the concessionaire is an object of state ownership.



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