Ukraine boost budget for road repairs

The Ukraine is boosting its road repair budget for 2018. For 2017 the Ukraine set a budget of US$648 million for road repairs and maintenance work. However for 2018, a budget of $1.41 billion is being set. This increased budget is being enabled by the newly established Road Fund system, which places taxes on fuel, vehicle imports, goods vehicles and road concessions. In addition, 2018 will see a change in the responsibility for road maintenance to over 120,000 links, which will be handled by regional manage
September 26, 2017 Read time: 1 min

The Ukraine is boosting its road repair budget for 2018. For 2017 the Ukraine set a budget of US$648 million for road repairs and maintenance work. However for 2018, a budget of $1.41 billion is being set. This increased budget is being enabled by the newly established Road Fund system, which places taxes on fuel, vehicle imports, goods vehicles and road concessions. In addition, 2018 will see a change in the responsibility for road maintenance to over 120,000 links, which will be handled by regional management.

Finance & Funding

Related Content

  • Russian road repair programme for Vologda Region
    July 8, 2019
    A major programme of road repairs and maintenance is planned for Russia’s Vologda Region. A budget of US$585.5 million has been set for the work. The plan is for 50% of the road network in the Vologda Region to meet necessary standards for quality by 2024. At present just 32% of the road network in the region meets with the required standards. A budget will also be set for building new roads in the region. One of the priority projects to be carried out under the road building scheme is for the Vologda Bypas
    Read More
  • Indonesia infrastructure development programme planned
    August 22, 2017
    Indonesia’s government has set an impressive 2018 budget of some US$30.72 billion to develop infrastructure in the country. The funding will be split between the Ministry of Public Housing and Works, the Ministry of Transportation and for the special allocation fund. The Indonesian Government is aiming to boost economic growth during 2018 through its infrastructure development programme.
    Read More
  • Seal of approval
    August 2, 2012
    Timely maintenance using proven cost-effective methods can extend the life of a highway by many years as Patrick smith reports Highways are expensive assets to construct, and the wear and tear of modern traffic means that regular maintenance will delay costly repairs or in extreme cases reconstruction. There are a number of methods of carrying out such maintenance, and these include the use of slurry seals and micro-surfacing, which are cold mixed asphalt which is a mixture of graded aggregate, asphalt emul
    Read More
  • Road user charging proposed for Denmark
    February 15, 2013
    The joint proposal by 3F, the Danish trade union for the transport sector, and think-tank Kraka to replace vehicle registration fees with a GPS-based road user charging system is worth noting. According to 3F and Kraka, this would reduce congestion on Danish roads and generate savings worth €536 million (DKK 4 billion) for the nation’s finances. There is nothing new in this concept as such. Road user charging was proposed a few years ago for the UK and also for the Netherlands. But in the UK this proposal p
    Read More

Highlighted Content