The port of Chornomorsk is actively attracting investors to modernize the First and Container Terminals. Attracting new partners should be a powerful impetus for the further development of the port’s infrastructure and increasing its competitiveness in the global market. AgroWeek reports on this
Concession terms: investments, jobs and transparency
The state retains ownership of the port, and the investor’s task is to ensure stable and efficient operation of the terminals, invest in their modernization and development. According to preliminary estimates, the implementation of the project will allow for about $1 billion in additional budget revenues. In the first three years, it is planned to transship 250 thousand TEU containers and 3 million tons of bulk cargo, as well as preserve more than a thousand jobs in the port.
Selection stages and international support
Investor selection is carried out through a competitive dialogue procedure with the involvement of international advisors – the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC). This ensures openness and compliance of the process with international standards. The competition is divided into three stages: prequalification, dialogue with selected participants and competition of proposals.
Applications for prequalification are accepted until March 4, 2025 at 23:59. This approach allows to attract the most experienced operators from different countries, as well as to create conditions for the development of the Ukrainian port industry.
The First and Container Terminals of the Port of Chornomorsk will be transferred to concession for 40 years, which opens up new opportunities for long-term cooperation and strategic development.
