President of Ukraine

Volodymyr Zelenskyy invited one of the world's largest port operators DP World to expand investment in Ukrainian ports

15 February 2021 - 15:18

Volodymyr Zelenskyy invited one of the world's largest port operators DP World to expand investment in Ukrainian ports

During an official visit to the United Arab Emirates, President of Ukraine Volodymyr Zelenskyy met in Dubai with CEO of one of the world's largest port operators DP World Sultan Ahmed Bin Sulayem.

The meeting took place on the territory of Dubai Maritime City, where an artificial peninsula and the world's first hub, which will unite all branches of the maritime industry and trade, and is aimed at solving global logistics problems of ocean freight and port services, were created.

During a meeting, Volodymyr Zelenskyy reminded that laws had been passed in Ukraine to motivate foreign investors to come to our country. In particular, he spoke about the concession, due to which foreign investors have already entered two Ukrainian ports, and "investment nannies" that will create a direct contract between the investor and the state.

The President of Ukraine noted that he really likes the idea of building a modern marina (a specially equipped harbor for yachts and boats) and a modern hotel in Odesa, and the state is ready to guide the project comprehensively and act quickly in this direction.

"That is why today we invite DP World to enter the Ukrainian market through such concessions. We have four more ports that the company can enter. The second issue is to build a marina together with a company engaged in similar projects," the Head of State stressed.

Volodymyr Zelenskyy also reminded that Ukraine has finally passed a law on inland water transport, which had not been adopted for several decades.

"We know that river transport can be the cheapest in terms of transportation. So I would like you to look at future opportunities as well. I think this is an attractive business in Ukraine. And it's not just about tourism, but first of all about transportation of goods," he said.

The CEO of DP World noted that the company already has extensive experience in the development of river transport in other countries, which is really the cheapest type of transport.