You're reading: 3 ports to be sold at privatization auctions

The State Property Fund of Ukraine (SPF) in the fourth quarter of 2021 – the first quarter of 2022 plans to sell the ports of Ust-Dunaisk, Skadovsk and Bilhorod-Dnistrovsk at privatization auctions, deputy head of the SPF Taras Yeleiko said.

“Now the state has a pilot project for the privatization of three ports (Ust-Dunaisk, Skadovsk and Bilhorod-Dnistrovsk). They were transferred to the SPF and we will see how effective this instrument is. They really need a new owner and additional investments, and quite large … We have the opportunity to revive them through privatization. Ust-Dunaisk is most ready for it,” he said during the NewPort international exhibition in Kyiv.

According to him, it is planned to announce the sale of Ust-Dunaisk port in the next 10 days. After that, investors will have a month to familiarize themselves with the object and will be able to take part in the privatization.

The second in line will be Bilhorod-Dnistrovsk port, then – Skadovsk.

“We understand how to do this operationally. We plan to sell all three ports at privatization auctions during the fourth quarter of 2021 and the first quarter of 2022,” he said.

At the same time, he noted that the SPF records the interest in the ports on the part of potential investors.