NIBULON to build “Water gates of Ukraine”

03.10.2017

A Memorandum of Cooperation and Partnership between Kherson Regional State Administration, Gomel Regional Executive Committee and NIBULON was signed at the 10th International Investment Forum “Tavrian Horizons: cooperation, investment and economic development” held in Nova Kakhovka town (Ukraine) on September 29, NIBULON says in a press release.

NIBULON’s General Director Oleksiy Vadaturskyy introduced the company’s new investment plans on developing logistics in Ukraine. At present NIBULON is a Ukraine’s leader in agricultural exports. Therefore, the company has the possibility to meet the needs of Belarus in high-quality agricultural products that will be delivered by water transport. Kherson region plays an important role in implementation of these investment plans.

The primary task for implementation of this project is revival of E-40 navigable waterway and river transportation on the route the Baltic Sea – Gdansk – the Dnipro River – the Black Sea, namely: dredging on the limiting areas of the Dnipro Reservoir and Dniprodzerzhynsk Reservoir, increasing the waterway on the area Kyiv Hydroelectrical Power Station – Nizhni Zhary required for river-sea vessels.

As part of the project the company has constructed a state-of-the-art transshipment terminal for shipments of grain and oilseeds on river and sea transport in Hola Prystan town in 100 days.

According to specialists, potential goods turnover between Ukraine and Belarus is 10 million tons.

Head of Kherson Regional State Administration Andrii Hordieiev commented historical significance of the event on Facebook, “We build “Water gates of Ukraine” with NIBULON and unite two states – Ukraine and Belarus, Kherson region and Gomel region. The revival of E-40 navigable waterway will greatly simplify trade between Ukraine and Bealrus, allow us to remove trucks from the regional centers located on the Dnipro River. “Water gates of Ukraine” will open new prospects and opportunities for development for us, and help to establish trade relations with other countries”.


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