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Ministry of Restoration and IFC Collaborating to Attract Investments in Ukrainian Ports

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Ministry of Restoration and IFC Collaborating to Attract Investments in Ukrainian Ports

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The Ministry of Communities and Territories Development, alongside the International Finance Corporation (IFC), is focusing on attracting investments into Ukraine’s transport infrastructure, with a particular emphasis on ports.

This was announced by Deputy Minister Timur Tkachеnко on Facebook.

Tkachенко highlighted a recent meeting on November 11 with representatives of the IFC, where priority topics included the development of investment activities in Ukrainian ports, modernization of the fleet, and attracting private capital to fund the restoration and development of infrastructure.

"As part of this collaboration, we continue working on updating the timelines for the implementation of concession projects, which will help determine the optimal periods for announcing concession tenders. Preparation is also underway for the relaunch of projects in the Olvia and Kherson ports," Tkachенко noted.

 

He also mentioned ongoing work concerning the Ukrainian Danube Shipping Company (Ukrainian Dunaisky Shipping Company – UDPC), calling it “crucial for strengthening UDPC’s position in the Danube transportation market and ensuring the export of grain, especially in case of potential restrictions on access to deep-water ports.”

Looking ahead, the Ministry plans to expand its partnership with IFC and other international organizations, particularly in the direction of developing infrastructure projects in the transport sector.

“I am confident that through close cooperation and involving reliable investors, we can ensure sustainable growth and modernization of Ukraine’s critical infrastructure for the long term,” concluded the Deputy Minister.

The Odessa Journal
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