Howard G. Buffett Foundation invests in new dry port on Ukraine – Hungary border

Howard G. Buffett Foundation invests in new dry port on Ukraine – Hungary border
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The foundation, alongside other partners, has invested in a facility near the Ukraine-Hungary border.


This information was shared by Howard Buffett, the foundation's chairman, at the Victory Harvest conference, as reported by Latifundist.com. The facility includes a 30,000-ton capacity elevator and is part of the foundation's broader strategy to diversify export routes. The project aims to facilitate grain transfer from the railway to containers for further transportation.

© Active Project
© Active Project

The foundation's involvement in Ukraine, as noted by Buffett, has increased since the onset of the war due to its impact on global food supplies.

The USAID sub-grant support program is also contributing to the region's infrastructure by funding the construction and modernization of 15 elevators, including one in the Rivne region.

© Active Project
© Active Project

The dry port features a storage and transportation system for grain, oil, and containers, accommodating both Ukrainian and European rail track gauges. Its capacity is outlined as 5,000 tons of daily transit, 27,000 tons of grain storage, 4,000 tons of oil storage, and space for 500 TEU containers.

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