Swiss company investing $70 mln in completing construction of grain terminal in Ukrainian sea port

Swiss company Risoil S.A. will invest about $70 million in the completion of construction of a grain terminal in the territory of the Chornomorsk sea trade port in Odesa region.

The information is posted on the company’s Facebook page.

"The investments in the amount of about $70 million will be used to complete the construction of the third and the fourth stage of the grain terminal, which will include the all purpose warehouse, automated offloading station, and two-sided pier," the statement reads.

The construction of the terminal was launched in 2014. The first two stages were commissioned in March of this year. A total of $70 million in investments have been attracted to the project.

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