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

  • CECE equipment manufacturer’s conference in Berlin looks ahead for construction market growth
    October 29, 2012
    The construction equipment market has been hit hard in Europe and further afield, with economic uncertainty slowing orders. But there is light on the horizon. A range of key industry speakers made presentations at the recent Committee for European Construction Equipment (CECE) congress in Berlin, outlining prospects for the next few years in Europe as well as around the world.
    Read More
  • Disagreement in Germany over new road funding plans
    February 24, 2016
    There is major disagreement in Germany over plans for a new approach to financing road development proposed by the government. The authorities in the states are objecting to the government proposal to open a road fund, which will be responsible for building and maintaining the major routes roads and which would be able to award contracts to private companies. The federal states currently have responsibility for the road-building work with, funding coming from central sources and they do not want to lose inf
    Read More
  • Kazakhstan road plan – budget secured
    July 9, 2018
    Kazakhstan has set a budget of US$1.08 billion that will be used to build new roads as well as to upgrade and maintain existing links. In all the country has 23 separate road projects planned, which will see improvements to 4,200km of roads in all. Tolling systems are being installed on three major routes.
    Read More
  • Stantec: coming to an infrastructure site near you
    April 13, 2017
    Acquisitive Canadian firm Stantec is snapping up more transportation expertise as it moves out of its home North American market. David Arminas reports. Last December, politicians from the US states of Kentucky and Indiana celebrated the opening of the second of two major bridges. A ribbon-cutting ceremony took place in cold wintry weather on the new 762m-long cable-stayed Lewis and Clark Bridge. The event marked the finish of the prestigious three-and-half-year Ohio River Bridges Project.
    Read More

Highlighted Content