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Names of Companies to Start Competing for the Concession Tender in the Port of Olvia Announced

The application process for the concession tender of the property of the “Olvia Stevedoring Company” state enterprise, which had been running since October 18, 2019, has been completed. During this time, the tender board received three applications from Ukrainian and international companies. Participants of the concession tender are port operators from Ukraine and Qatar. Two of the three companies have been pre-qualified to participate in the next phase. As for the third one, the decision of the tender board has not been taken at this time, since the application was submitted on the last day of acceptance of applications.
Tender bids were submitted by two companies: QTerminals and the association of “Pieters” Maritime Agency LLC and “PROTTO-GAZOLINE” LLC.
The implementation of the concession project in the port of Olvia is expected to attract USD 66 million of investments and a minimum of USD 3 million of municipal investments in the next 35 years, as well as USD 3 million of annual concession payments.
The next stage, the evaluation of the bids and the selection of the winner, will take place on January 21, 2020.