Skip to main content

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

  • Brazil road condition analysed
    August 1, 2016
    A report is being compiled in Brazil regarding the state of the country’s road network. The report was compiled by the country’s national transport confederation, CNT, in July 2016. The report is due to be released in October 2016. However CNT says it is pessimistic about what the report will state. This is due to cuts in public investment in roads and delays in the launch of concession programmes. Brazil’s 2016 federal road budget has been set US$2.03 billion. However up to $1.3 billion had to be used to p
  • CECE’s strong figures for construction machine sales
    April 15, 2019
    CECE at bauma presents latest figures and plans for next 5-years EU legislative term The European association of construction machinery manufacturers (CECE) states that 2018 was the strongest year for the construction equipment sector since the economic crisis. CECE’s figures show that sales on the European market grew by 11% and the absolute market levels are now only 10% below the 2007 peak. Enrico Prandini, CECE president, said: “The European construction equipment industry can continue its business in
  • Ukraine sets ambitious road target
    October 2, 2013
    The Ukrainian Government says that the country will see US$26.23 billion of road and highway construction work carried out in the 2013-2018 period. This construction plan forms part of the country’s five-year state economic programme. Financing will come from an array of sources. Funds for the projects will come from private investors, credit facilities, overseas financial organisations and the national budget.
  • Value of UK construction projects up 67.1% in past year
    January 24, 2014
    The value of construction projects in the UK has shot up by 67.1% in the last year, according to a new report. New project contracts awarded in December 2013 totalled €7.31 billion (£6 billion), compared to €4.38 billion (£3.6 billion) in the same month in 2012. The infrastructure sector proved to be an area of significant growth last month, with the total value of projects awarded reaching €2.68 billion (£2.2 billion), a 10.6% increase from November 2013 and a huge 101.6% year-on-year growth.