April 11 2006, 16:01

A project feasibility study for the wholesale food market was presented in Odesa

An open presentation of the project feasibility study for the wholesale food market was made in Odesa on April 11th, according to the information provided by Dmitriy Chernyak, the Market Information Specialist of the Agricultural Marketing Project.

The project is worked out by the foreign specialists Jacek Austen (Poland) and David Neven (USA) in cooperation with the USAID Technical Assistance Projects: the Agricultural Marketing Project and BIZPRO project.

There were the representatives of the concerned business communities including producers and wholesale companies specialized on the produce supplies present on the event.

The technical and financial aspects of the market construction, its location, and the needed capital investments were outlined during the presentation. Several variants of the legal form for the partnership between the parties concerned in market creation were described; the role and the form of the local governmental bodies' participation in this enterprise were also highlighted.

A discussion took place after the presentation; its participants were united to admit the importance of the modern wholesale market for the economic development of the agricultural business sector for Odesa oblast and for the southern region of Ukraine in the whole. The dynamic development of the agricultural sector is hampered here by the aggravating sales obstacles. The experience of European countries, including Poland, confirms an importance of the wholesale market in the country economic infrastructure. This market helps to significantly eliminate the marketing expenses of the regional agricultural producers and the wholesale companies, and also stimulates the growth of business activity, increases the trade turnover with the neighboring regions and countries.