EBRD stands ready to invest in development of the Ukrainian ports
The European Bank for Reconstruction and Development stands ready to invest in the port industry of Ukraine, and the Bank believes that it is essential for investor confidence that Ukraine will soon launch the first concession projects.
The Bank is ready to invest at least 5 bln USD in the infrastructure projects of Ukraine over the period until 2020 as part of a coordinated international financial assistance programme in support of credible structural and macroeconomic reforms. At the same time, the Bank already faced two main problems that slow down the process of investment.
First, it is the issue of land and legal relations in the sphere. It is the real problem for banks, because real estate is defective in the form of land lot as the collateral base. It does not guarantee any credit acceleration, if something goes wrong.
The second problem includes the funds that the government should invest in development of the port infrastructure.
To date, the industry has rather great potential, but the Ministry of Infrastructure is required to determine the priorities, and the market is ready to give its full support.
You should be authorized to post comment
In January-November Ukraine decreased flour production – State Statistics Service
Ukraine exported over 17.5 mln tonnes of grains – Ministry of Agrarian Policy
Denmark ratified the Ukraine–EU Association Agreement
Ukraine: Nikolaev Sea Trade Port increased grain transshipment by 20%, oils - up 56%
Polish President signed a bill on the ratification of the EU-Ukraine Association Agreement
December 17, 15:30
As of December 1, Ukraine exported 15.19 mln tonnes of grains - Ministry of Economic Development
December 17, 13:50
Ukraine increased winter crops planted areas by 7.3% – State Statistics Service
December 17, 09:58
Ukraine: as of December 1, sunflower seed stocks totaled 6.1 mln tonnes – State Statistics Service
December 16, 15:20