Kyiv. The 11th of June. Interfax-Ukraine “NIBULON” has increased funding – from USD 150 million to USD 470 million – for its investment project to revive the transport capacity of the Dnipro river and the Southern Bug river, which includes the construction of its own fleet and elevators, in particular, transshipment terminals more than three times. “Considering that the stabilization of government and the stabilization of control systems in the state came in spring, our company has revised the conditions for investment project in the direction of increasing – up to USD 470 million”, – General Director of “NIBULON” Oleksiy Vadaturskyy commented on the reasons of investment increasing from the primal tothe agency “Interfax-Ukraine”. “It allowed us to expand the geography of our investment project: we have increased the number of enterprises under construction on the Dnipro river, we plan to construct elevators on the Southern Bug and, of course, the construction of elevators in other regions of Ukraine”, – said the head of “NIBULON”. According to him, on the whole within the frames of investment project 57 non-self-propelled vessels with total deadweight of 200 thousand tons, including 14 sea and river tugs will be constructed. In addition, the project involves construction of 17 elevators, including 10 river terminals on the Dnipro river and the Southern Bug. “Thus, by the 1st of July, 2011 the total volume of elevator capacities of “NIBULON” will be 2 million tons, including those constructed within the frames of investment project – 1,1 million tons”, – said O. Vadaturskyy. According to him, it is assumed that the total volume of river freight will compile 3 million tons of agricultural products per year: along the Dnipro river – 2 million tons, along the Southern Bug river – 1 million tons. In addition, during the implementation of investment project 14,5 thousand people will be involved, the number of new work places will reach 2 thousand. General Director of “NIBULON” noted that export-credit funds in Denmark and the Netherlands favor the implementation of investment project of the company, moreover the European Bank for Reconstruction and Development decided to allocate USD 50 million. O. Vadaturskyy emphasized that further implementation of investment project will depend on how much will the authorities favor. “Will there be a support at least for an authorization system to work as it is expected. If there is not any support, then, of course, our company will take decision, depending on the specific conditions in specific time”, – he said.