OREANDA-NEWS. March 07, 2013. Attracting investments into the port branch will contribute to renewal of port economy, increase of cargo flows and growth of wages of the employees. This was told by a Vice Prime Minister of Ukraine Olexandr Vilkul during a collegium of Infrastructure Ministry. Infrastructure Minister Volodymyr Kozak, heads of profile services and enterprises were also participating in the meeting.

According to the information given by the Infrastructure Minister, the port area needs around UAH 25 bln of investments in hydroequipment, ground infrastructure, creation of artificial land plots etc. The ports themselves are not capable to find such money. Targeting growth of amounts of cargo handling it is vital to have system investments.

“Drawing investments into port area will facilitate to renewal of port economy, increase of cargo traffic and salaries of the employees,” Olexandr Vilkul said and stressed that from the beginning of year four modern tugboats appeared in ports of Mariupol and Pivdennyi.

All the decisions and project must be elaborated and realized openly and transparently – with attraction of leading national and international experts, taking into account interests of employers and employees alike. Best world management practices must be applied here. 

“In this process the Infrastructure Ministry should maintain constant dialog with investors, labour collectives and trade unions,” Olexandr Vilkul told.