Skip to main content

Ukraine's highway tenders attract interest

International interest is growing in major highway projects being planned in the Ukraine. The biggest of the highway projects for the Ukraine will form part of the E-97 European Transport Corridor and is expected to cost in the region of US$1.3 billion. The next largest project planned for the Ukraine is worth $750 million.
March 5, 2012 Read time: 1 min
International interest is growing in major highway projects being planned in the Ukraine. The biggest of the highway projects for the Ukraine will form part of the E-97 European Transport Corridor and is expected to cost in the region of US$1.3 billion. The next largest project planned for the Ukraine is worth $750 million. The projects will be funded by Ukrainian banks or through concession deals. A number of Bulgarian companies have already said that they may participate in the upcoming highway tenders, either on their own or in consortium with local firms.

Related Content

  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
  • Work starts on last Sofia-Kalotina section
    May 24, 2023
    Bulgaria’s A6 Europa Motorway from the capital with link up with Serbia’s A4 Motorway.
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).