Tivilichi said private investments in the harbor will raise operations and increase cargo traffic.
He said the private operators committed to investments totaling around EUR115 million in 2017, to unfold over a five-year period. He added contractual obligations have been established for minimum investments, of EUR35 million, and so far private operators have started investments totaling EUR120 million.
“We expect to exceed EUR180 million by the end of the year,” said Tivilichi.
Investments currently underway in the Constanta Harbor target the upgrade of a container terminal and the construction of a terminal for grain.