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

  • Controversial Russian bridge opens
    May 16, 2018
    The first stage of a controversial Russian bridge project is now complete, with the link opening to use by cars. The Kerch Strait bridge spans the Black Sea, connecting Russia’s Taman Peninsula in Krasnodar with Crimea, the latter having been controversially annexed by Russia from Ukraine in 2014. The official opening of the 19km-long bridge was carried out by Russia’s president, Vladimir Putin, who drove across the link in a Kamaz truck to reach the city of Kerch. The US$2.7 billion bridge forms part of
    Read More
  • Volvo CE Q1 2013 net sales down 33% - but firm maintains profitability
    April 25, 2013
    Volvo Construction Equipment (Volvo CE) said sharply lower global demand, especially in the mining sector, during the first three months of 2013 had caused its 33% net sales decline in the quarter to US$1.829 billion (SEK 12,136mn). The Swedish construction equipment manufacturing giant’s operating income was also down in Q1 2013 to $75.38 million (SEK 500mn), compared to $314.97 million (SEK 2,089mn) in the first quarter of 2012, while operating margin was 4.1%, down from 11.6% in Q1 2012. Volvo CE said it
    Read More
  • Philippines tourism roads to receive US$316.15mn in 2014
    April 23, 2013
    The Philippines Government will inject US$316.15 million (PHP 13bn) into improving tourism roads during 2014, in order to transport tourists to all parts of the archipelago. The latest cash for tourism roads follows the allocation of $507.73 million (PHP 21bn) from 2011-2013.
    Read More
  • Roads a priority in Oman’s $14.8bn infrastructure spend
    May 29, 2013
    An upcoming summit will look at opportunities offered by Oman’s infrastructure plans. Oman is planning to spend some US$14.8 billion on infrastructure in the coming years. The figure, almost half of the country’s 8th Five-Year Development Plan for 2011-2015, has been earmarked for overhauling roads, ports and airports with the objective to link the three modes of transport to improve interconnectivity. Oman’s huge infrastructure will include numerous road projects, bridge structures, tunnel constructions an
    Read More

Highlighted Content