…Black Sea grain terminal

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A new grain terminal in the port of Odessa is set to be partly funded by a US$60M loan from the European Bank for Reconstruction and Development (EBRD). The US$134M grain terminal, being developed by private grain handling operator Brooklyn Kiev, has also secured a US$30M investment from the state-run Odessa Commercial Seaport. The remaining US$44M is expected to be raised by Louis Dreyfus Commodities, Brooklyn Kiev’s partner in the project.

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