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-April, Ukraine decreased flour production – State Statistics Service
Ukraine: in the peak period, granaries store 40% of grains and sunflower seed only - APK-Inform
PJSC SFGCU exported the first shipboard lot of flour to Libya
Ukraine launched a program for consultation of agrarians on the exports to the EU
Ukraine planted spring grains throughout over 7 mln ha – Ministry of Agrarian Policy
Ukraine: export potential of grains to exceed 39.8 mln tonnes
May 24, 12:30
EU increased the imports of Ukrainian high-oleic sunflower oil
May 24, 12:00
MYANDE GROUP CO.,LTD - sponsor of the conference "Marginality of Ukrainian soybeans: processing and exports?!"
May 23, 17:10