USPA Continues to Invest in Its Growth
- Business & Finance
The Ukrainian Seaports Authority will continue to invest in the development of its seaports, reported the Head of the USPA, Raivis Veckagans, at the Infrastructure Day of the European Business Association.
According to Raivis Veckagans, the recent introduction of martial law in Ukraine did not affect the operational activities of the ports. Work on loading and unloading vessels continues on both the Black Sea and the Azov Seas.
He also added that the current situation, of course, affects the cost of goods transportation from the Ukrainian ports on the Azov Sea.
“The USPA, in turn, continues to invest in the development of these ports. By the end of next year, we plan to bring the depths in the ports of Berdiansk and Mariupol to the passport depths,” said Raivis Veckagans.
He continued by saying that one more dredger will be transferred to the site as soon as the repairs are complete.
“In Mariupol, the investment project on the reconstruction of the berth No. 4 and the construction of a new grain terminal in conjunction with SE «Mariupol Commercial Sea Port» is continuing,” added Raivis Veckagans.
Implementation of this project, in which the USPA has already invested more than UAH 50 million, will increase the capacity of the terminal up to 1.5 million tons per year.