US$32.65bn needed for Ukraine road upgrades

Ukraine’s Shulgin State Road Research Institute (DNDI) said US$32.65billion (UAH 264bn) needs to be spent on the country’s roads from 2013-2018. Within the overall figure, DNDI said US$13.22billion (UAH 108.3bn) should be allocated on maintenance and current repair, US$11.83billion (UAH 96.89bn) on construction and reconstruction of 2,200km of highways, and US$2.35billion (UAH 19.27bn) on overhaul.
July 12, 2012 Read time: 1 min
Ukraine’s 6180 Shulgin State Road Research Institute (DNDI) said US$32.65billion (UAH 264bn) needs to be spent on the country’s roads from 2013-2018.

Within the overall figure, DNDI said US$13.22billion (UAH 108.3bn) should be allocated on maintenance and current repair, US$11.83billion (UAH 96.89bn) on construction and reconstruction of 2,200km of highways, and US$2.35billion (UAH 19.27bn) on overhaul.

Ukraine has been widely said to be a challenging market for international construction industry companies.

For more information on companies in this article

Related Content

  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
    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
  • New bridge crossing for Dnieper River near Ukraine capital Kiev
    August 19, 2013
    A 4.9km long bridge will be constructed close to Ukraine’s capital Kiev.
    Read More
  • Worrying decline in road safety in US
    July 4, 2016
    There has been a worrying increase in traffic fatalities in the US, according to the latest available information. The data has been released by the US National Highway Traffic Safety Administration (NHTSA), showing that traffic fatalities for 2015 were 7.7% higher than for 2014. Road deaths reached 35,200 in 2015, compared with 32,675 in 2014. The data reveals a disquieting trend as the US road fatality rate for 2015 was the highest for seven years. While the total distance travelled by US drivers increase
    Read More

Highlighted Content