Concession project in Chornomorsk07/12/2020

EY is selected as an advising company for the concession project in Chornomorsk 

Ukraine keeps vigorously working on preparing new PPP projects in the infrastructure. Based on the transparent procurement procedure the consulting company Ernst & Young will lead the feasibility study of the concession project in Chornomorsk seaport. According to the Ministry of Infrastructure, the concession of the railway-ferry terminal in the port could attract UAH 150 million of investments and up. The bidding process itself is envisaged to take place in the first half of 2021. Besides that, the Ministry plans to implement another PPP project in Chornomorsk that envisages the concession of the container terminal and will be launched at the end of 2021. Chornomorsk trade port possesses a tremendously beneficial location as it’s based on the major transport corridors between Europe, Asia, and the Middle East. This is the only railway-ferry complex in Ukraine and has one of the biggest terminals in the Black Sea region.