More than 1.3 billion UAH of investments will be attracted on the development of the Mariupol port infrastructure. Vladyslav Kryklii, the Minister of Infrastructure of Ukraine stated the above during the signing of the Memorandum of cooperation between SE “Ukrainian Sea Ports Authority”, SE “Mariupol Sea Commercial Port”, COFCO Agri Resources Ukraine and LLC “СТТ”.

“Ukrainian ports open new opportunities for foreign investors. This cooperation will be beneficial for all. The government makes considerable efforts to support the Azov region, so the cooperation with such big company as COFCO is a powerful signal for other companies to invest in the ports of Mariupol and Berdyansk”, - Vladyslav Kryklii said.

The Minister of Infrastructure noted that the memorandum provides for the implementation of an infrastructure project in the port of Mariupol, which will provide a total attraction of more than UAH 1.3 billion of investments and increase cargo flows by 2.3 million tons. It will also create additional two hundred jobs and raise social standards for port industry employees. The implementation of the project will contribute to the development of the agro-industrial complex of the Azov region.