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Transport Ministry to privatize seaports
03.02.2006 12:12 "Agro Perspectiva" (Kyiv) —
As to Viktor Bondar, Ukrainian Ministry of Transport and Communication Minister declaration, Ministry has planned to transfer Ukrainian seaports to private management within two years.
As to Bondar, Transport Ministry experts are convinced this measure will improve ports functioning efficiency.
Bondar admitted ports are quite possible not only to be transferred to private management, but as well leased out/privatized, yet only on condition leasing/privatization mechanism will become legally established by VR next Session. Bondar made it known ecological, customs/border control will in any case remain in State submission.
Transport Minister is convinced this decision on attracting private capital to ports infrastructure will greatly accelerate ports development.
Bondar said project forecasted investments may total US$ few hundred million. As to him, negotiations have been already hold with a number of leading companies which have agreed to participate in project.
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