Launching Major Investment in Ukraine's Port Sector

Ukraine is embarking on a significant investment initiative within its port sector. In Chornomorsk, Prime Minister Yuliya Svyrydenko and Deputy Prime Minister Oleksiy Kuleba announced the launch of the first public-private partnership amid the conflict.
The project includes the First and Container terminals, which will remain state-owned while the investor will handle modernization and management.
A forthcoming international competition will involve participation from the IFC, EBRD, and various consultants. Over 40 global companies have already expressed their readiness to engage.
The scale of investment is in the hundreds of millions of dollars for modernization, providing over $1.1 billion for budgets over 40 years and creating thousands of jobs.
For Chornomorsk, this means stability and new prospects, while for Ukraine, it signifies a revival of container transportation. Within three years, the goal is to reach 250,000 TEU, with a future target of exceeding half a million, as before the war. This positions Ukraine towards becoming a leading European hub.
We thank the Government of Ukraine for supporting this strategic venture. The launch of the partnership in Chornomorsk will serve as a model for further initiatives and send a message to the world: Ukraine is open to investments and ensures transparent rules even during wartime.