In Chornomorsk, the first public-private partnership project in the port sector since the large-scale war has been launched. Ukraine’s Vice Prime Minister for Reconstruction and Minister for Communities and Territories Development, Oleksiy Kuleba, signed an order to create a tender commission in the presence of Ukraine’s Prime Minister, Yulia Svyrydenko.
“This marks the start of a transparent international procedure in which leading global companies will compete. Next steps include preparing documentation with the participation of IFC, EBRD, and top consultants, announcing the tender, and selecting an investor,” said Oleksiy Kuleba.
The project covers the First and Container Terminals of Chornomorsk port, including six deep-water berths and all associated infrastructure. These are strategic assets that remain state-owned. The investor brings capital and expertise and will undertake modernization and management based on a transparent long-term agreement.
Project scale:
- Hundreds of millions of dollars in investments for berth and equipment modernization;
- Over $1.1 billion in revenues for national and local budgets over 40 years;
- More than a thousand jobs with guaranteed protections for employees;
- Restoration of container traffic to 250,000 TEU annually within three years, with a prospect of returning to the pre-war level of over 500,000 TEU.
“For the Chornomorsk community, this project means stability and new opportunities. For the entire country, it means the development of container shipping and strengthening Ukraine’s position on the global logistics map. Launching a public-private project in Chornomorsk will serve as a model for future initiatives in the port sector,” Kuleba emphasized.
The project has already attracted interest from over 40 international port operators and investors, ensuring strong competition and the best conditions for the state.
