The Act of Acceptance and Delivery of works from dredging in the Port of Yuzhny was signed

On January 30, 2018, an Act of Acceptance and Delivery in accordance with the project "Reconstruction of water approaches, shunting zones and operational water areas near the berths, and the prospective cargo turnover of the seaport "Yuzhny" in Yuzhne, Odesa region was signed in the Ministry of Infrastructure of Ukraine.

Volodymyr Omelyan, the Minister of Infrastructure of Ukraine, Dua Wei, the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine, representatives of the Embassy of the United States of America in Ukraine, Rajiv Veszkagans, Head of the State Enterprise "Administration of Sea Ports of Ukraine", Andrew Stavnitser, co-owner of the company "M.V. Cargo", Dmytro Vyakhirev, Port Project Manager, LLC "AT Cargill", Maxim Shirokov, Head of Yuzhny Shipping Administration, and Linyi Tao, CEO of China Harbor Engineering Company Ltd. in Ukraine participated in the event.

"We have completed the practical part of the important project on the infrastructural development of the Ukrainian seaports - the dredging in the port "Yuzhny". It is one of the most powerful investment projects of the Ukrainian port industry, which is carried out under conditions of public-private partnership. And today we complete some of the obligations, which was assumed by the Ukrainian Sea Ports Administration and have been successfully implemented. I congratulate Rajiv Veszkagans, the head of the Administration of Sea Ports of Ukraine. Thanks to Rajiv, this project and its successful realization became possible", Volodymyr Omelyan said.

The Minister of Infrastructure congratulated the project partners - China Harbor Engineering Ltd with the completion of work ahead of the schedule for almost three months.

"Today China is a strategic partner for Ukraine, and we are ready to develop cooperation in all spheres. That is why for me it is very important that Chinese companies are involved in the development of the infrastructure of state seaports," the Head of the Ministry emphasized.

"This particular project confirms that the state authorities represented by the Ministry of Infrastructure are a completely reliable business partner. The tender was carried out transparently, with a significant saving of state funds - UAH 500 million, work was completed in full ahead of the schedule. Implementation of this project with the participation of Chinese contractors has become an excellent tool for further development of the Silk Road to the West, using the capacities of Ukrainian seaports," Volodymyr Omelyan said.

The Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Ukraine Du Wei said: "In April 2017, China Harbour Engineering Company became a preferred bidder for dredging works in the port "Yuzhny" due to a transparent bid. This has been the first time when a Chinese company achieved such success in Ukraine. China Harbour started promptly as the contract had been signed up and completed all works almost 3 months earlier. And now I would like to express gratitude to the honourable Mr Volodymyr Omelian and the Ministry of Infrastructure of Ukraine. I would like to express my gratitude to the Ukrainian Sea Ports Authority (USPA) as well as to the Yuzhny Sea Port authority. Successful implementation of this project will not only increase the capacity of the Yuzhny Sea Port, but it is also bound to improve the development of agriculture in Ukraine. I hope that following the example of China Harbor Engineering Company more Chinese companies will enter the Ukrainian market in the future carrying out large-scale projects and proving that Chinese companies and brands can work efficiently and fast."

The head of the USPA, Rajiv Veszkagans, said: "I am glad that the USPA accompanied by Chinese partner managed to ensure the state's commitment to dredging as a part of public-private partnership with Cargill and MV Cargo. Why is this project so important for the industry? Firstly, it is to attract about $ 100 million investments in the development of the port's infrastructure. Secondly, its implementation will provide more than 500 new jobs. Thirdly, about $ 23 million additional annual payments to budgets of all levels are expected. And, finally, we are to levy additional $ 10 million port dues. In addition, it is the very first project on dredging in the Ukrainian port which has been entirely completed by a foreign company. And it is the first project that has been implemented ahead of all possible terms."

Co-owner of the company «M.V. Cargo» Andrew Stavnitser said: "I believe that we have done much more than just completing the complex project - we denied the existing opinion that Ukraine was not a reliable partner because it does not fulfil its obligations. Nowadays, we demonstrate to the business of the whole world that there are reliable partners in our country, and they can work with our state. First of all, this great result is the merit of Volodymyr Omelyan who advocates the interests of the country and searches for any possibilities of large infrastructure projects. "

The head of the port project of JSC "Cargill" Dmitry Viakhiriev emphasised: "Cargill has been operating in Ukraine for more than 20 years. We know how contracts and projects can go wrong. But our team has set a new level, a new benchmark for all of the following companies. They demonstrated how quickly and transparently any large public projects can be implemented."