Ukraine to boost motorway budget for 2016

The new prime minister of the Ukraine, Vladimir Groisman, said the government will boost spending on motorways from $563 million to nearly $750 million this year. A total of 1,700km of roads will be repaired or constructed. Some estimates suggest around 97% of motorways need sort form of repair work.
April 29, 2016 Read time: 1 min

The new prime minister of the Ukraine, Vladimir Groisman, said the government will boost spending on motorways from $563 million to nearly $750 million this year.

A total of 1,700km of roads will be repaired or constructed. Some estimates suggest around 97% of motorways need sort form of repair work.

Finance & Funding

Related Content

  • IRF Washington Names its 2016 Industry Professional of the Year:
    October 18, 2016
    Malaysia’s Minister of Works receives IRF’s top award. YB Dato’ Sri Haji Fadillah bin Haji Yusof, Minister of Works and one of the chief architects behind Malaysia’s spectacular highway investment programme has been nominated to receive IRF’s most distinguished individual honor. Established in 1951, IRF’s Professional of the Year award recognises eminent public, private and education sector professionals with an outstanding track record of leadership and commitment to the road transport industry. Over the y
    Read More
  • Motoring groups critical over plans for Britain’s second toll motorway
    April 3, 2013
    Motoring groups have criticised plans to launch Britain’s second toll motorway as part of a multi-billion euro road –building programme to kick-start the economy. The Treasury is expected to guarantee the €1.18 billion (£1bn) borrowing costs for the Welsh government to pay for the construction of the new 14-mile M4 relief road in South Wales. The money for the dual carriageway, which will run between junctions 23 and 29 of the M4 and aims to reduce bottlenecks at the Byrnglas Tunnels near Newport, is then l
    Read More
  • Aximum’s multi-faceted global traffic control appeal
    September 26, 2013
    Aximum, part of the Colas Group, is a French firm with a major global presence in traffic management, road safety equipment, road markings and vertical signs markets, has been highly active across its core business areas. The company says it has significantly expanded its presence in traffic management in the Middle East in recent years thanks to innovative solutions and quality products. Aximum has a lot of references in Oman, Dubai and Abu Dhabi. In Abu Dhabi, the largest state in the United Arab Emira
    Read More
  • Peru: Paving continues of the Red Vial Nacional national highway network
    January 5, 2016
    The Peruvian Ministry of Transport and Communication has confirmed that by July nearly 20,000km of the Red Vial Nacional national highway network will be paved. The figure means nearly 87% of roads in Peru will be paved. In 2011, around 12,500km of the network was paved, according to a report by America Economia. The ministry also highlighted that regions such as Amazonas and Ayacucho, will have doubled the number of paved kilometres since 2011. Amazonas will rise from 36% in 2011 to 72% this year, wh
    Read More

Highlighted Content