Вut it looks for an investor to implement the $200-800M project.
The agriholding Ukrlandfarming keeps planning to build a port terminal to export grains and seeks investors to realise the project estimated as from 200 to 800M USD, reports Interfax-Ukraina.
“The venture worth of some 200 to 800 million USD at present is paused yet we are in active search of partners to join us and assign funds”, said the owner of Ukrlandfarming Oleg Bakhmatiuk in his interview with Die Welt.
To his opinion, the port should become the company’s ‘pearl’.
“We do hope that after the elections a window of opportunities would open, and we’ll take steps toward investors in Europe, Asia, America, and the Near East.
He has informed that after almost 50% of the Crimea and Donbass production facilities lost, Ukrlandfarming has managed to substantially restore the missing production throughput and cut the domestic market dependence by raising the export deliveries up to 55%.
“Our strategy lies in selling 70% for export markets and 30% at the domestic ones, thus decreasing our dependency on sovereign risk”, noted the company’s owner. He specified that at the time Ukrlandfarming was providing exports to about 40 countries and considering its entry into the markets of Singapore and Indonesia.
Mr Bakhmatiuk has also underlined that as concerns the margin gained a most attractive is European market, yet the entry into it is complicated by a number of trade barriers by the EU. In particular, he complained about very small quote for the eggs products deliveries and resistance from sectoral associations in Poland and other EU countries.
“In the next five to seven years we hope to get the EU market open for us, and we should be ready”, said the agriholding owner.
Ukrlandfarming obtained for rent some time ago a land plot of 5.4942 hectares at the village Vizirka near Yuzhny Port (Odessa Region) for 49 years. The company declared in early 2016 its plans to begin construction in 2017, however the project got frozen later on. For the moment it was anticipated to involve 280-300M USD invested for the first phase of the terminal’s construction, and reach 6M t of the annual cargo turnover within four years. The next phase was prospected to be realised in 7-8 years – up to $500M, to boost the handling capacity to over 15M t a year.
https://cfts.org.ua/news/2019/03/05/ukrlendfarming_vse_esche_planiruet_postroit_port_za_200_800_mln_dollarov_52046