Today the port of Ust-Dunaysk is operating at only 5% of its capacity. It needs private investment.
The sea trade port of Ust-Dunaysk in the Odessa region was sold at auction for 201 million hryvnias. This is the first privatization of a port in Ukraine, the State Property Fund announced on Tuesday, January 17.
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“The cost of Ust-Dunaysk more than tripled from UAH 60 million of the starting price to 201 million of the winning price. Eight participants competed for the right to privatize the port,” the report said.
The head of the State Property Fund, Rustem Umerov, said that almost everyone had forgotten about Ust-Dunaisk, but he was one of the first to continue work after the start of a full-scale war with Russia.
It is indicated that since April 1, the port has resumed operations and since then it has transshipped 153 thousand tons of grain and 58.3 thousand tons of imported consumer goods for export with a design capacity of 4.1 million tons. In fact, today the port is operating at only 5% of its capacity. It needs private investment.
Now the winner has 20 working days to pay the price of the lot after the day the auction ends. Only after receiving budget funds, a sales contract is signed.
Recall that by 2022 Ukraine will increase grain exports along the Danube by 42 times. During 11 months of this year, three ports on the Danube handled 14.5 million tons of various cargoes. At the same time, the port of Ust-Dunaysk handled 662 thousand tons (+1314.7%).
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.