The Ministry of Infrastructure is preparing to transfer to concession three facilities on the territory of the State Enterprise "Sea Trade Port "Chernomorsk": the so-called First Cargo Area, a container terminal and a specialised ferry complex.

The concession projects are included in the List of Priority Investment Projects until 2023, it is expected that as a result of the successful implementation of two of these projects, the port of Chornomorsk will attract about $150 million in investments.

We expect that within six months the consultants will prepare a feasibility study, then a corresponding discussion will take place, and the next step will be competitions. Theoretically, in 2022 we can already get concession agreements for these three facilities, which, of course, is a civilized way to develop public-private partnerships.

Yury Vaskov, Deputy Minister of Infrastructure of Ukraine

The development of concession projects was undertaken by the European Bank for Reconstruction and Development (EBRD) by 80%, the remaining 20 percent by USPA.

Recall, on December 23, 2021, the Ministry of Infrastructure of Ukraine, Ukrainian Sea Ports Administration, Risoil-Kherson LLC and Kherson Port LLC signed acts on the transfer of property of the state-owned enterprise Kherson Sea Port for a period of 30 years.

The Olvia seaport in Nikolaev was transferred to a concession in August last year to the operator of Qatar's largest commercial port, QTerminals.