Investments in Ukraine road construction to total US$2.21bn in 2013

Around US$2.21 billion (UAH 18bn) will be invested in road construction and repairs in Ukraine in 2013. According to infrastructure minister Vladimir Kozak, intentional financial institutions will account for around $362.49 million (UAH 3bn) of the total investments. The rest of funds will be raised under state guarantees. The most significant individual project sum of $108.74 million (UAH 900mn) will be allocated to building a bridge in Zaporozhye. The first stage will be launched in 2014.
May 20, 2013 Read time: 1 min
Around US$2.21 billion (UAH 18bn) will be invested in road construction and repairs in Ukraine in 2013. According to infrastructure minister Vladimir Kozak, intentional financial institutions will account for around $362.49 million (UAH 3bn) of the total investments. The rest of funds will be raised under state guarantees.

The most significant individual project sum of $108.74 million (UAH 900mn) will be allocated to building a bridge in Zaporozhye. The first stage will be launched in 2014.

Related Content

  • Italian motorway investments to reach near US$50bn
    July 3, 2012
    Italy's motorway infrastructure is expected to receive US$ 49.95billion (€40bn) of new investment. The entirely private company backed investment will be financed by tolls. In the first four months of 2012, around US$873.8million (€700million) was invested in Italy's motorway infrastructure.
    Read More
  • Turkey is investing in new motorway and bridge projects
    May 29, 2013
    Turkey is benefiting from new motorway and bridge projects constructed along the BOT model - Gülay Malkoç. Looking at Turkey’s economic development, road construction plays a crucial role. The investment in Turkey is becoming increasingly attractive for both local and foreign investors. There are significant huge road investments and projects being made in Turkey at present, compared with EU countries where the roads need mostly repair and maintenance. According to the approach of Turkey’s Ministry of Trans
    Read More
  • UK Government’s green light for new Taunton road link
    May 22, 2013
    Work on a new link road will go ahead in Taunton, western England after receiving final approval from Local Transport Minister Norman Baker. The work is needed to improve east-west connections across Taunton and open up access to new development. The overall US$32.07 million (£22.1mn) scheme will see Somerset County Council construct a new road linking Staplegrove Road in the west of the town to Priory Avenue in the east. “This important scheme will help to reduce traffic demand through the town centre and
    Read More
  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
    Read More

Highlighted Content