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

  • UK prime minister warns leaving EU a threat to infrastructure work
    May 17, 2016
    Prime Minister David Cameron has that major road projects could be under threat if the United Kingdom were to leave the European Union. Cameron reportedly said leaving the EU would have a “devastating impact” because funding such as the €20.4 billion invested into all types of infrastructure projects by the European Investment Bank over the past three years would dry up. Extension of the nearly 100km M8 motorway in Scotland between the Scottish capital Edinburgh and Glasgow is one such project that
    Read More
  • Motorway expansion plan for Slovakia
    August 27, 2014
    A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The Slovakian National Motorway Company is using a combination of both EU and state funds to invest in motorway construction during 2015. Some €518.5 million will be invested, although this is around 16% lower than the budget agreed for 2014. The EU Operational Programme Integrated Infrastructure (OPII) source will provide €80.6 million, while €14.22 million will come from the state budget. T
    Read More
  • Motorway expansion plan for Slovakia
    August 27, 2014
    A major extension of Slovakia’s motorway network is underway, although spending in 2015 will be lower than in 2014. The Slovakian National Motorway Company is using a combination of both EU and state funds to invest in motorway construction during 2015. Some €518.5 million will be invested, although this is around 16% lower than the budget agreed for 2014. The EU Operational Programme Integrated Infrastructure (OPII) source will provide €80.6 million, while €14.22 million will come from the state budget. T
    Read More
  • Australian mega link route opens
    November 29, 2012
    Australia’s largest and most complex transport infrastructure project in the city of Brisbane has been officially opened to traffic. The first vehicles have now used the Airport Link, Northern Busway (Windsor to Kedron) and Airport Roundabout Upgrade projects, which together form an extensive US$5.85 billion transport project. The project in Australia’s third most populous city in the state of Queensland comprises a toll road and dedicated busway route, together involving almost 12km of tunnels (described
    Read More

Highlighted Content