The Ministry of Infrastructure is considering toll-road concession projects on the Lviv-Stryi, Lviv-Ternopil, Lviv-Krakovets, and Bila Tserkva-Kyiv highways, as well as the Kyiv ring road.

Minister of Infrastructure Vladyslav Kryklyi announced this in an interview with NV Business at the “RE:think Invest in Ukraine” investment forum in Mariupol, the CFTS portal reports.

“We are currently considering several highways: Lviv-Stryi, Lviv-Ternopil, Lviv-Krakovets, plus Bila Tserkva-Kyiv and even the Kyiv ring road. The latter is the largest project. It is expensive but very interesting…," he said.

According to Kryklyi, concession toll roads could be of interest to investors if there is a traffic of 13,000-15,000 automobile per day. Otherwise, the road will be unprofitable and it will have to be subsidized by the state.

He said that the preliminary recommendation for the toll on a concession road is about UAH 2 per kilometer.

"There are recommendations. We still need to perform a feasibility study for this project. We only have an agreement with the World Bank on placement of an order for it. However, the amount that was stated is 7 euro cents (about UAH 2) per kilometer of toll road…," Kryklyi said.

As the CFTS portal reported, the Ukravtodor state road agency’s then-head Slawomir Nowak said in June that a tender for the first Ukrainian concession highway (the Lviv-Krakovets highway) could be announced in the fall.

The CFTS reported in March that Ukraine was conducting feasibility studies for three toll roads – the Lviv-Krakovets, Lviv-Ternopil, and Kyiv-Bila Tserkva roads.