I and container terminal in Chornomorsk Сoncession

I and container terminal in Chornomorsk Сoncession

The purpose of the project the creating a modern terminal to transship containers and general cargoes.

The project envisages the reconstruction of existing facilities of the transshipment complex, updating/modernization of transshipment machinery.

Key technical features

Potential  Investment  Opportunity

• One of the few remaining opportunities for container business development in Chornomorsk Seaport.
• Located at the intersection of major transport corridors, industrial areas and key sea routes.
• Currently used for bulk cargo handling but suitable for container handling operations.
• Has significant potential and unused handling capacity.
• 6 berths with 11-15 m depth.
• All critical infrastructure is available.

In May 2021, the PPP Agency, in cooperation with the Ministry of Infrastructure of Ukraine, with the support of the International Finance Corporation (IFC) and participation of engaged advisors, has developed a concept note for the implementation of the public-private partnership of the “I and container terminal in Chornomorsk Сoncession” project.

Based on analysis detailed in the concept note, conducted taking into account the positions of the Ministry of Economy of Ukraine and the Ministry of Finance of Ukraine, the Ministry of Infrastructure of Ukraine has issued an Order №728 dated 29.12.2021, making an affirmative decision on the preparation of a feasibility study of the potential implementation of public-private partnership in Chornomorsk seaport.

On the 19th of October, a tripartite civil law agreement between the Ministry of Infrastructure of Ukraine, USPA and the European Bank for Reconstruction and Development (EBRD) was signed. It regulates the cooperation of the parties regarding the preparation and structuring of concession projects of the first and container terminals as well as the concession of the railway-ferry complex of the SE «Sea Commercial Port «Chornomorsk» and the corresponding property of USPA, associated with these terminals (according to paragraphs 28-29 of the Procedure for engaging advisors in the preparation of concession projects, approved by the resolution of the Cabinet of Ministers № 950 dated October 9, 2020).

According to the agreement, EBRD agrees to enter into a cooperation agreement with the International Finance Corporation (IFC), which will act as the Chief adviser for the project.

Currently, international financial organizations are conducting tender to select technical, legal and communication advisers who will facilitate the development of a feasibility study and tender documentation for the project.