At its meeting held on 11 January, the Cabinet of Ministers of Ukraine approved an adjusted project for the construction of a specialized grain transshipment complex on the premises of the Mariupol seaport in Prymorsky district of the city, Interfax-Ukraine reports.
According to the government’s resolution, the construction project was included in the port’s development plan until 2020, as well as its investment plan for 2018.
The project envisages the construction of ten silos for grain storage with 5,700-ton capacity, two operational silos of 500 tons, a border gallery, a laboratory of raw materials, a station for unloading road and rail transport. As a result of the construction, the port’s annual volume of grain transshipment is expected to grow by one million tons.
The project is expected to cost around $16 million, of which $5.9 million will be used to finance the construction works, another $7.39 is to be spent on equipment, while all other costs are estimated in the neighborhood of $3 million. It is estimated to take around 15.5 months to complete the project.