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

  • Bitumen technology ideal for road repairs
    July 4, 2012
    Mike Woof discusses some novel developments relating to bitumen In the developed countries of Western Europe there is an increasing shift away from new highway construction to maintaining and rebuilding existing roads. In Germany alone, a network of asphalt roads extending more than 600,000km will have to be maintained or repaired. Highway maintenance techniques do vary between European countries but some commonalities exist. There are techniques that have been sidelined in the last few years but which now
    Read More
  • Concern at poor US road safety
    August 29, 2018
    Concern is being expressed in the US by the National Safety Council (NSC), which believes the country’s road safety is making no progress. According to the NSC, the current trends suggest that the US will see no reductions in road deaths for the third consecutive year. Its preliminary estimates suggest that the US will again have a road fatality rate of around 40,000 for 2018. There were around 18,720 road fatalities for the first six months of 2018, according to the NSC’s data, compared with around 18,770
    Read More
  • The European Road Infrastructure Congress 2016: innovative thinking
    October 18, 2016
    ERIC 2016, the first European Road Infrastructure Congress, has called on the region’s governments to come together and work more imaginatively with the private sector to bring about a safer and more effective highway network. Speaking at the congress’ opening ceremony, FIA president Jean Todt said that if the EU is serious about improving its road safety record, it is essential to develop a high quality highway infrastructure as quickly as possible. Todt (who is also the United Nations special envoy
    Read More
  • Electric vehicle market to grow in Europe
    February 29, 2012
    A report by Frost & Sullivan predicts that the European electric vehicle charging infrastructure market is set to boom.
    Read More

Highlighted Content