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

  • Managing resource to create more resilient roads
    June 22, 2018
    As pressure increases on the cost and availability of resources, investment in recycling technology continues to grow across the road building industry. To meet its full potential, a greater understanding is needed of material performance to allow the building of more resilient, sustainable and economic networks - *David Smith explains. Over the past decade, the road construction industry has made significant strides in recycling. Reducing the reliance on virgin materials is of environmental importance,
    Read More
  • Sichuan’s highway BOT opportunities
    April 24, 2013
    An event has been staged to encourage investment in a number of highway build-operate-transfer (BOT) projects in China's Sichuan province. The Sichuan BOT projects include the US$2.22 billion 90km Pingwu-Guangyuan highway; the $2.612 billion 122km Wanyuan-Bazhong highway; the 72km $1.41 billion Bazhong-Cangxi highway; and the $2.147 billion 122km Cangxi-Mianyang highway
    Read More
  • IRF Geneva takes centre stage at the 1st Africa Road Safety Forum
    January 15, 2019
    Africa has 2% of the world’s cars but 16% of the world’s road deaths, and more than 300,000 people lose their lives in road traffic crashes in the region every year, while thousands more are injured. Against this background the 1st Africa Road Safety Forum was organised in Marrakech, Morocco on 13-15 November. The event had the support of IRF (Geneva) and provided an opportunity to present the newly created IRF Global Road Data Warehouse and to mark the establishment of an IRF Africa. The event was placed
    Read More
  • Rotenberg’s Mostotrest to fight for $5 billion Russia’s road-building contract
    December 2, 2013
    Interest is strong in one of Russia’s premier projects for road infrastructure - Eugene Gerden reports The State Company Russian Highways (Avtodor) has officially announced a tender for the construction of the sixth - and longest - section of the Moscow - St Petersburg highway. Avtodor is Russia’s leading company in the field of development of national road infrastructure, while this is one of the largest and most controversial projects in Russian road building in recent years. The 6th section of the
    Read More

Highlighted Content