PROJECT: NOVOROSSIYSK GRAIN TERMINAL
Services were provided In a joint venture with ADK S.A of Greece. Scope of work was to identify and mobilize private sector
investment as well as export credit and/or commercial financing for the
Novorossiysk Port, Grain Handling Terminal. Carry out a preliminary technical assessment of the
proposed investment plan (including preliminary environmental assessment). Legal Due Diligence and modeling of the financial structure
of the project, review of the most likely finance options. Establish a list of potential Investors. Prepare the Project's Information Memorandum and distribute
it to selected potential investors. Establish a Project Promotion &
Information Bureau for the purposes of disseminating information relevant to
the project.
CLIENT: EUROPEAN BANK FOR RECONSTRUCTION & DEVELOPMENT
COMPLETED: MAY 1998
The project's objectives were:
In order to achieve the above objectives the study extended to the following detail tasks:
-
General review of the grain sector: grain import-export trends, state procurement activities and private grain marketing, grain production prospects and
grain consumption patterns -
Grain transport analysis: Hinterland operations, demand estimation
-
Technical analysis: Preliminary technical design, assessment of necessary investment costs, implementation schedule
-
Environmental Analysis: Examination of key environmental issues and potential impacts, public consultation, basic mitigation measures, legislative and managerial issues
-
Economic and financial analysis: Methodology, capital investment analysis,
sources of funds and ownership costs, operating expenses, operating revenues, financial performance -
Legal issues: Investment structuring, issues for foreign investors.
