13:39 19.04.2016

Large state-run seaports should be given as a concession – Infrastructure minister

1 min read
Large state-run seaports should be given as a concession – Infrastructure minister

Large Ukrainian state-run seaports should be given as a concession, and smaller stevedoring companies could be privatized at a transparent and competitive tender that would bring an effective investor, newly appointed Infrastructure Minister Volodymyr Omelyan has said in an interview with Interfax-Ukraine.

"This is the issue for discussion, as well as the ports management system. Now this system does not meet European experience. We know that city authorities are involved in the development of ports. There are also supervision boards that are formed from representatives of central bodies and local authorities. This is the way we should take," he said.

The minister said that investment and solutions using all available effective forms and tools should be attracted to the transport infrastructure.

"Concession, if we take Europe as an example, is the 'queen' of public private partnership," he said.

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