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RussiaEU
EURussia
Black Sea
CONCESSION OF STEVEDORING COMPANY “OLVIA”
Ferrous metal32%
Building materials28%
Cereals33%
Other7%
Cargo turnover in 2016:
2.2 mln tones
Key investment highlights:
o Favorable location:
o In the northern part of Dnieper-Bug estuary, close to the Black Sea and Dnieper river
o In one of the key agricultural regions of Ukraine with high grain export potential
o Outside of the Mykolaiv city with extensive free territory
o Extensive free area for further development:
o Section A is available as a “greenfield” project
o Sections B, C, D, E are the “brownfield” project(s)
o Additional free state-owned land available for further extension, portside production, etc.
o Diversified cargo handling operations:
o 2.2 million tones of cargo handled in 2016 divided approximately by 1/3 for 3 main cargos: metals, building materials and cereals
o Sustainable financial position:
o Revenue ranged from $15 to $21 mln in the last 3 years
o EBITDA margin averaged at 45% in the last 3 years
o Well-structured transaction:
o EBRD provided technical assistance in preparation of pre-feasibility study for the project
o IFIs will be deeply involved in transaction structuring
B
A
C D
E
Olvia
Taras Boichuk
Project Manager
Mobile: +380 63 585 13 85
E-mail: [email protected]
1.53Quay Length
(km)
179Area (ha)
5%Market Share
10.3Max Depth
(m)
15.4 Revenue
($mln, 2016)
47% EBITDA Margin
(2016)
7Berths
Key facts:
✓ Pre-feasibility assessment – 6 months
➢ Market sounding – 1 month
Feasibility assessment – 10 months
Market to investors & pre-qualification – 2 month
Prepare PPP contract, negotiate with bidders – 3 months
Conduct tender, evaluate, award – 3 months
Commercial and financial closing – 3 months
MINISTRY OF INFRASTRUCTURE
OF UKRAINE
Mykolaiv
RussiaEU
EURussia
Black Sea
Kherson city
Key investment highlights:
o Favorable location:
o On the mouth of the Dnieper river, the biggest river going through the key industrial and agricultural regions
o Railway, road and river access to the port makes it an excellent multimodal cargo hub
o Significant opportunities for operating performance growth:
o New logistics planning system could significantly increase efficiency of existing storage facilities
o Port area could be utilized more efficiently to accommodate cargo flow growth potential
o Equipment modernization could substantially improve handling efficiency
o Cargo turnover growth opportunities:
o Grain is the most promising cargo in the port with considerable export growth potential
o Further inland waterways development will provide additional cargo volumes for transshipment in the port
o Sustainable financial position:
o Revenue ranged from $8 to $10 mln in the last 3 years
o EBITDA margin averaged at 18% in the last 3 years
o $30 mln CAPEX required according to the estimations of international consultants
o Well-structured transaction:
o The World Bank provided technical assistance in preparation of pre-feasibility study for the project
o IFIs will be deeply involved in transaction structuring
CONCESSION OF COMMERCIAL SEA PORT KHERSON
Cereals30%
Oil meal22%
Building materials15%
Fertilizers13%
Metals4%
Other16%
Cargo turnover in 2016:
1.2 mln tones
Artem Khoroshun
Project Manager
Mobile: +38 067 999 45 03
E-mail: [email protected]
600Quay Length
(m)
47Area (ha)
30CAPEX Required
($mln)
7.6Max Depth
(m)
7.9 Revenue
($mln, 2016)
14% EBITDA Margin
(2016)
4Berths
Key facts:
Kherson SCP
Kyiv
MINISTRY OF INFRASTRUCTURE
OF UKRAINE
✓ Pre-feasibility assessment – 6 months
➢ Market sounding – 1 month
Feasibility assessment – 10 months
Market to investors & pre-qualification – 2 month
Prepare PPP contract, negotiate with bidders – 3 months
Conduct tender, evaluate, award – 3 months
Commercial and financial closing – 3 months
Left bank
facilities
EU
CONCESSION OF THE FERRY TERMINAL IN CHORNOMORSK
Key investment highlights:
o Unique facility:
o Combines railway and ro-ro ferry facilities
o Is the only railway ferry complex in Ukraine
o Is one of the biggest terminals of such kind in Black Sea region
o Favorable location:
o In the Sea Commercial Port of Chornomorsk, one of the biggest ports in Ukraine located in Sukhoy estuary, 12 miles to the South-West from Odesa
o At the intersection of major transport corridors between Europe and Asia, industrialized areas and key sea routes
o It is the center of two basic rail ferry lines on the Black Sea
o Niche market position:
o Domestic market share in handling trucks is 71%, vehicles – 95% and full market of handling wagons
o Unspecialized on particular cargos, diversified cargo flow mostly represented by perishable food products, wood, building materials and other cargo in small batches
o Stable operating business:
o Does not require significant CAPEX
o Has spare capacity for further cargo flow growth
o Has significant operating efficiency growth potential
o Has an opportunity to develop new services
o Highly marginal financial position:
o Revenue ranged from $3.3 to $5.6 mln in the last 3 years
o EBITDA margin averaged at 44% in the last 3 years
Taras Boichuk
Project Manager
Mobile: +380 63 585 13 85
E-mail: [email protected]
690Quay Length
(m)
1.8Cargo Turnover
(mln tones, 2016)
9.6Max Depth
(m)
3.7 Revenue
($mln, 2016)
41% EBITDA Margin
(2016)
3Berths
Key facts:
Berths #26 and #27 Berth #28
2 lift bridges
Warehouses
#25 and #26
Area – 12 ha. Black Sea
4.5mln tones of cargo in
railway wagons
35 000 heavy duty trucks
250 000 units of vehicles
Annual Capacity
MINISTRY OF INFRASTRUCTURE
OF UKRAINE
Ukrainian Institute for the Future
Ukraine
Russia
Turkey
Georgia
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