Royal Caribbean will soon begin reconstruction of port of Yalta

In:
08Feb2012

Reconstruction of the port of Yalta, Ukraine will begin after it is approved by the Ukraine Law of Sea Ports.  Vice-Premier of Ukraine - Infrastructure Minister Borys Kolesnikov expects this to happen sometime next month as he was speaking at a press conference in Simferopol.

"This is a technical problem. In order to move quickly, you need to pass a law on seaports that will guarantee the rights of investors, " said Boris Kolesnikov. He added: " The law is already in Parliament, on the whole procedure will take about 25-30 days, then return the draft to Royal Caribbean.  

 Royal Caribbean has previously shown a great deal of interest in revitalizing the ports of Yalta and Sevastopol.  Royal Caribbean is looking to compete with other cruise lines for the Black Sea cruise market.  Improving the ports is expected to involve improving the infrastructure of the ports as well as building new restaurants, hotels and other facilities nearby.