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16 Oct 2017

Belarus, Ukraine discuss joint inland waterway project

MINSK, 16 October (BelTA) – Belarusian Ambassador to Ukraine Igor Sokol and Director General of the Nibulon joint venture Aleksei Vadatursky discussed the implementation of a promising Belarus-Ukraine project to use inland waterways on the Dnieper River, BelTA learned from the press service of the Belarusian embassy in Ukraine.

In particular, the sides talked about the river stretch between the population center Nizhniye Zhary (Bragin District) and Kiev Hydroelectric Power Plant.

In July 2017, Ambassador Igor Sokol commented on the progress in the implementation of a project to build a cargo port on the Dnieper River in an interview with BelTA. “The port is situated in Belarus. However, we need to dredge some reaches of the river in Ukraine to make path for the port. The negotiations are underway; the specialists are working on it. There is a Belarusian investor ready to build the port but first we need to do a feasibility study for a 23-kilometer-long reach. The head of state has given relevant instructions,” the ambassador underlined. He emphasized that water transport is in high demand in other European countries. “This is quite a low-cost transport and a promising line of business," the ambassador added.

Nibulon exports grain crops. The company comprises a network of elevators accepting and storing grain, a terminal for transshipment and storage of grain crops, a shipbuilding and ship repair plant, and a shipping company which operates non-self-propelled and towing river vessels.

The embassy noted that Igor Sokol visited the joint-stock company Motor Sich. He met with the company’s president Vyacheslav Boguslayev and Vladimir Semenov, member of the Board of Directors, Director for Corporate Rights and Investment Projects. The sides discussed the promising avenues of cooperation between Motor Sich and Belarusian companies, including Orsha Aircraft Repair Plant.

The Belarusian diplomat also took part in the second international investment forum InCO Forum 2017: Cooperation Between Communities and Business in Zaporozhye. The forum focused on the implementation of international experience, attracting investment, developing cooperation between communities and providers of goods and services. The forum comprised exhibitions dedicated to the amalgamated territorial communities, energy saving and construction, small and medium-sized business. As part of the event, Ambassador Igor Sokol had a working meeting with Zaporozhye Oblast Governor Konstantin Bryl. The sides touched upon the promising avenues of Zaporozhye Oblast-Belarus cooperation, primarily in economy, science, and industry.


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