|
EBRD supports efficient grain logistics in Ukraine
15.02.2018 14:24 "Agro Perspectiva" (Kyiv) —
Leading grain trader Nibulon to develop new infrastructure and increase exports The EBRD is promoting the development of grain logistics in Ukraine by increasing the capacity of the country’s inland waterways and creating associated infrastructure. A US$ 50 million loan to Nibulon Group, one of Ukraine’s largest grain exporters, will improve logistical solutions, help increase its volumes of cargo transportation by inland waterways up to 4 million tons per year and increase its grain exports up to 8 million tons per year. The financing will be structured as an A-loan of up to US$ 40 million for the EBRD’s own account and a B-loan of up to US$ 10 million, which will be syndicated to commercial banks. Nibulon is a long-standing client of the EBRD. The new loan will support Nibulon’s large-scale 3 year investment programme, which includes, but not limited to: construction of three new grain river terminals, expansion of Nibulon’s fleet including new floating transhipment crane, tugboats, barges and a self-propelled dredging vessel, and construction of a 42 000-tonne storage facility, a barge quay and a new railway at its Mykolaiv terminal. The project is supported by grant funding provided by Japan-EBRD Technical Cooperation Fund. The EBRD is the largest international financial investor in Ukraine. To date, the Bank has made a cumulative commitment of almost ˆ12.1 billion across some 400 projects since the start of its operations in the country in 1993.
Also available:
|
| |
|
|