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
Ukraine: Portinvest to build a grain terminal in the port Yuzhny
August 29, 16:10
State Food and Grain Corporation of Ukraine to increase shipment capacities of the Odessa terminal
August 29, 15:40
As of August 28, Ukraine harvested over 35.5 mln tonnes of grains - Ministry of Agrarian Policy
August 29, 13:48
New season for Black Sea sunflower: close to record
August 29, 12:09
No reason to limit Ukrainian wheat exports – Ukrainian Grain Association
August 29, 09:30
APK-Inform Agency is glad to present our new magazine Oilseeds and Oils Monthly outlook
August 28, 17:10