Ukraine: development of river transportation requires foreign investments – O.Vadaturskyy

Source

APK-Inform

1818

Infrastructure development of the river transportation in Ukraine, including dredging of the Dnieper, construction of grain terminals and the river fleet, requires raising of foreign investments, declared Oleksiy Vadaturskyy, General Director of NIBULON Agricultural Limited Liability Company, at the Ukrainian-American Agrarian Congress in Washington, D.C.

In particular, investments of foreign banks are necessary for construction of ten river terminals, and dredging of the Dnieper river. Also, investments are needed for purchasing of nearly 400 thsd tonnes of metal from domestic steel companies, and ensuring work for shipyards for nearly four years, in order to form the cargo and towing fleet with deadweight of 550 thsd tonnes.

Ukraine needs just 0.5 bln USD to turn the Dnieper as the full-scale transport corridor, and allow transporting grains, seeds and other goods, which would significantly improve the Ukrainian logistics system, said O.Vadaturskyy.

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