Qatari company received the Olvia port concession for 35 years: agreement details.

The port 'Olvia' in Mykolaiv region will be handed over to the Qatari company 'QTerminals' for the next 35 years. Foreign partners promise to invest in the development of the port's infrastructure and pay taxes to the Ukrainian budget. This step will help attract foreign investments and develop marine logistics in Ukraine.The memorandum of cooperation between the Ministry of Communities and Territories Development of Ukraine, LLC 'QTerminals Olvia', and the Qatari company QTerminals is aimed at long-term partnership. The foreign enterprise will undertake the restoration of the port while simultaneously utilizing it over the next 35 years, ensuring profit for both itself and the Ukrainian budget.