Ukraine's roads benefit from Russian loan

Ukraine's state road company Ukravtodor will boost road repairs and upgrades with a loan from the Russian Sberbank.
February 28, 2012 Read time: 1 min
Ukraine's state road company 2780 UkrAvTodor will boost road repairs and upgrades with a loan from the Russian 3280 Sberbank. Worth US$376 million (?261.82 million) the loan will be used to improve key links in the country. High on the priority list of repairs and upgrades will be roads required for the Euro-2012 football event. The Ukrainian Government is the guarantor for the loan although the financial terms have not been released.
Asphalt milling, paving & compaction Concrete milling, paving & compaction

For more information on companies in this article

Related Content

  • Ukraine's highway tenders attract interest
    March 5, 2012
    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.
    Read More
  • Highway developments to boost east-west transport
    April 4, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports History was made in late 2010, when one of the biggest road building projects ever envisaged in Eastern Europe was given the green-light. It was the occasion when Russian president Dmitry Medvedev signed a law that would allow his country to build its segment of a huge highway around the Black Sea. The idea is to complete the 7,140km highway, wi
    Read More
  • Vietnam needs bridge and road improvements
    March 21, 2012
    A key need for infrastructure upgrades is required in Vietnam during 2012. Official estimates suggest that some US$499.4 million is required to repair roads and upgrade or replace bridge links in the country. The Directorate for Roads of Vietnam says that there are 277 ageing bridges which need repairs and the country’s Transport Ministry has been urged to prioritise the issue.
    Read More
  • Uzbekistan to take out further road building loans
    February 15, 2016
    Uzbekistan will take out a US$405 million loan with the Asian Development Bank in the second half of this year for completion of a motorway from Central Asia to China. ADB will provide three loan in three tranches. Last autumn, Uzbekistan said it will target of 2,700km of new highways by 2019 at a cost of around $590 million. Around 2,280km will have a bituminous concrete surface and 418km will be a concrete surface. Uzbekistan has been setting out a major plan for road repairing, rebuilding and up
    Read More

Highlighted Content