KIEV, Sept. 5 - Kiev-based Smart-holding plans to invest over EUR1.551 billion to build the largest deepwater port on the Black Sea on the basis of Ochakiv Port Ltd. in Mykolaiv region, director general Oleksiy Pertin said at a company meeting.

Smart-holding Finance Director Serhiy Savinkov said that over EUR1.551 billion is needed to build a deepwater port on the basis of Ochakiv Port Ltd. EUR924.9 million will be invested at the first stage, including EUR494.7 million into a coal and ore-transshipment complex, EUR229.5 million into a container complex and EUR118.7 million into a grain transshipment complex.