The Ukrainian Sea Ports Authority (USPA) will pay more attention to dredging, service functions, and berths and other infrastructure should go to concession through tenders.

It was announced by the Head of the Supervisory Board of the Ukrainian Sea Ports Authority (USPA) Andriy Haidutsky, during the Ukrainian Ports Forum 2021 in Odessa.

As you know, investments in each berth are estimated on average from UAH 500 million to UAH 1.5 billion, depending on the type of berth, its length, depth, and so on. Of course, the USPA does not have such large funds, since we have revenue of about UAH 7 billion and about UAH 2 billion of profit, but the shareholder, the State, likes to take 50-70% of the funds as dividends. Thus, we have very limited capital investments, and there is demand for new berths and infrastructure renewal. USPA is changing: it will pay more attention to dredging, service functions, and berths and other infrastructure should go to concession through tenders.

Andriy Haidutsky, Head of the Supervisory Board of USPA

The Ukrainian official noted that pilot projects of concessions in the seaports of Kherson and Olvia are already being implemented, concession tenders are being prepared in the ports of Chornomorsk, Odessa and Berdiansk.

In the future, we will move to the concession of individual berths; this is also a world practice. And thus the state will be able to continue to receive dividends, and the port infrastructure will be able to receive investments directly in the development of the industry.

Andriy Haidutsky, Head of the Supervisory Board of USPA

The acting head of the USPA Oleksandr Holodnytsky reported that the transfer of the integral property complex of Kherson seaport to the concessionaire will be completed in June 2021, the property complex of Olvia specialised seaport in December 2021.