Compared with the previous Logistics Performance Index, the country has climbed 14 positions.
IFC to launch a number of projects involving upgrade of urban passenger transport in Ukrainian cities.
European Bank Reconstruction and Development is also involved in the project as a lender
The World Bank Group will finance a preliminary feasibility study for the project.
The best aspect of logistics in Ukraine is “Timeliness” of delivery and the worst aspect is “Customs.”
Ukraine is ranked 80th among the 160 countries in the World Bank’s 2016 Logistics Performance Index, down down 19 places compared with the 2014 index.
Ukraine’s logistics infrastructure is underdeveloped in light of the expected increase in agricultural production. Ukraine should optimize its logistics costs to increase the competitiveness of its agricultural products.
Ukraine has signed an agreement with the World Bank on provision of a loan of USD 560 million by the International Bank for Reconstruction and Development (a member of the World Bank group) for financing reconstruction of highways.
The World Bank has approved the third project for reconstruction of the M-03 Kyiv-Kharkiv-Dovzhansky highway worth USD 560 million.
Doing Business ranking does not take account of reforms in the gas and banking sectors and efforts to combat corruption.
A team from the Ministry of Infrastructure has worked on development of the structure of the relevant project for the past three months, together with the Ukravtodor and the World Bank
CFTS Consulting was a consultant on the World Bank’s project involving preparation of an action plan on elimination of the negative factors in agro-logistics for the government. The company’s lead expert Andrii Shkliar discusses the results of the first phase of the project.
Ukraine is ranked between Argentina and Egypt.