economics
The transnational corporation intends to invest heavily in the port of Odessa
August 18, 2015
5:12 pm EET
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Major American digging Cargill has signed a memorandum with the Administration of Seaports of Ukraine and the company "MV Cargo" on the construction of a grain terminal in the port of "South". It is reported by the press service of the Ukrainian Ministry of Infrastructure.

According to the document, the Americans are going to invest $ 130 million in the project of the grain terminal. Thus, Cargill is committed to purchase 51% of the transshipment terminal, which will build "MV Cargo" and ASD should undertake pre-construction dredging in the port.

"Construction of the terminal in the port of" South "will allow us to send out the export of up to 70% of our Ukrainian cargo of grain" - said General Director of Cargill Martin Schuldt.

The capacity of the first phase of construction will amount to 5 million tons of grain per year, followed by a further increase of 2-4 million tonnes.


Translated by Google Translate API. Read original full text in Russian.

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