Ukraine is investing over $100 million of its own funds to carry out key projects in its ports.
This was announced by Oleksandr Semirga, head of the Ukrainian Sea Ports Authority, as reported by the Center for Transport Strategies.
“We are attracting over $100 million of our own funds for the implementation of crucial projects — repairing berths, railway infrastructure in ports, roads, buildings, and other facilities that have been damaged or destroyed. But we are investing not only in concrete and metal. We are investing in technology,” Semirga emphasized.
The main efforts of the Ukrainian Sea Ports Authority focus on critical areas: infrastructure, digitalization, international support, financing, and fleet modernization.
According to Semirga, Ukraine is actively introducing new technological solutions in ports: adopting modern technologies, developing its own digital services, and learning from international partners how to effectively use drones for various tasks.
This approach saves time and money, Semirga highlighted during an industry roundtable on transport infrastructure development, held by the Ministry for Communities and Territories Development of Ukraine in cooperation with Ernst & Young (EY).
“For example, over 60% of our fleet was built during the Soviet era, maintenance costs are high, and components and spare parts are produced in Russia. Therefore, our repair options are very limited. Part of our renewal program is establishing a drone technology center and purchasing modern fleet vessels, pilot boats, and other equipment for all Ukrainian ports,” he explained.
