KIEV, May 20 – Smart-Holding managing company plans to invest over $1.5 billion in a project to build a deep-water port on the basis of Ochakiv Port Ltd. in Mykolaiv region, Smart-Holding director general, Oleksiy Pertin, said in an interview with the Investgazeta newspaper.

He said that the Ochakiv port would be deepened to 15-17 meters, an iron ore transshipment and storage terminal with a capacity of 15 million tons per year, and a coking coal transshipment and storage terminal with a capacity of 5 million tons would be built.