![\"\"](\"\/wp-content\/uploads\/case-study-hero-logo-kscp.svg\"){kind=logo}
<\/p>\n<\/p>\n
Ministry of Infrastructure of Ukraine | Sponsored by IFC & EBRD<\/p>\n<\/li>\n
Concession<\/p>\n<\/li>\n
Project Management, Strategy Consulting<\/p>\n<\/li>\n
2016 – 2021<\/p>\n<\/li>\n<\/ul>\n
The Kherson Sea Port is a strategically located river-sea port in southern Ukraine, situated at the confluence of the Dnipro River and the Dnipro\u2013Bug estuary, with direct access to the Black Sea.<\/p>\n
It serves as a key logistics hub for the export and import of agricultural products, timber, fertilizers, and general cargo for central and southern regions of Ukraine.<\/p>\n
The concession covered assets of the State Enterprise \u201cKherson Sea Commercial Port\u201d (KSCP) and part of the Kherson branch of the Ukrainian Sea Ports Authority (USPA), including berths, storage areas, rail and road access, and handling equipment.<\/p>\n
The total concession area comprised approximately 30 hectares, with 7 operational berths and an annual handling capacity of around 1.5 million tonnes.<\/p>\n
The project aimed to attract private investment for the modernization, reconstruction, and efficient operation of the port facilities while maintaining state ownership of the land and strategic assets.<\/p>\n
Under the concession, the private partner was expected to upgrade cargo handling infrastructure, improve operational efficiency, and enhance environmental and safety standards in line with international best practices.<\/p>\n<\/div>\n
![\"\"](\"\/wp-content\/uploads\/case-study-impressions-kscp1.jpg\")
<\/p>\n
![\"\"](\"\/wp-content\/uploads\/case-study-impressions-kscp2.jpg\")
<\/p>\n
![\"\"](\"\/wp-content\/uploads\/case-study-impressions-kscp3.jpg\")
<\/p>\n
Before the concession,\u00a0Kherson Sea Port\u00a0operated under outdated infrastructure, limited private investment, and inefficient cargo-handling processes.<\/p>\n
Despite its advantageous location on the Dnipro River, the port\u2019s facilities required substantial modernization to meet modern operational, environmental, and safety standards.<\/p>\n<\/p>\n
The Government of Ukraine, with the support of\u00a0international financial institutions (IFC and EBRD), identified the Kherson Port as one of the\u00a0pilot PPP projects\u00a0aimed at introducing a transparent and competitive concession model for port management.<\/p>\n
The challenge was to structure a transaction that would attract a capable private operator while ensuring fair risk allocation, maintaining state ownership of key assets, and preserving access for domestic exporters.<\/p>\n<\/p>\n
The project required comprehensive coordination between\u00a0technical, legal, and economic advisors, as well as the establishment of a transparent process for market consultations, due diligence, and tender preparation \u2014 all within a short timeframe to test the new PPP legislation in practice.<\/p>\n<\/div>\n<\/div>\n
SPILNO Advisory acted as the project coordination and delivery unit for the Kherson Port Concession, supporting the Ministry of Infrastructure of Ukraine in managing the advisory consortium and ensuring effective alignment of all workstreams \u2014 legal, technical, and economic.<\/p>\n
The project was developed in parallel with the Olvia concession as one of Ukraine\u2019s two pilot PPP transactions in the seaport sector, both supported by the IFC\u2013EBRD advisory team.<\/p>\n
SPILNO ensured that all workstreams were effectively integrated and that the project met the standards of transparency, investor confidence, and accountability required for Ukraine\u2019s first port concession.<\/p>\n
Key responsibilities included:<\/p>\n<\/div>\n<\/div>\n
Project management and coordination \u2014 preparation and control of the overall project plan, timelines, and deliverables across multiple advisors and government institutions;<\/p>\n<\/div>\n<\/li>\n
Integration of deliverables \u2014 review and consolidation of legal, technical, and financial inputs into unified tender documentation and government approval packages;<\/p>\n<\/div>\n<\/li>\n
The Kherson Port Concession became Ukraine\u2019s first successfully awarded port PPP, marking a milestone in the country\u2019s infrastructure reform and private sector participation.<\/p>\n
Following a transparent and competitive tender, the concession was awarded to Risoil-Kherson LLC, a consortium of Georgian Industrial Group and Risoil S.A., which committed to modernizing the port and investing in its long-term development.<\/p>\n
The project introduced a replicable concession model for other Ukrainian ports, demonstrating the effectiveness of transparent PPP procedures aligned with international best practices.<\/p>\n
The concession agreement, signed in June 2020, transferred the port\u2019s operation and investment obligations to the private partner while retaining state ownership of core assets.<\/p>\n
Despite the challenges caused by the full-scale war in 2022, the project remained under supervision of the Ministry with continuous support from SPILNO Advisory, which assisted in managing the contractual implications of force majeureand maintaining investor communication.<\/p>\n<\/div>\n
![\"\"](\"\/wp-content\/uploads\/QTerminals-Olvia-EN-Logo_resized-2.png\"){kind=logo}
<\/p>\n![\"\"](\"\/wp-content\/uploads\/logo_en-2.svg\"){kind=logo}
<\/p>\n