Ukravtodor doubts the objectivity of the decision of the international adjudicator, who never visited the construction site.
204 kilometers of state roads were built or reconstructed.
The corresponding decision was made at a meeting of the Cabinet of Ministers.
For example, taxi drivers and passengers are now required to wear seatbelts, even if the passenger is in the back seat.
The European Investment Bank has approved provision of two loans totaling EUR 440 million to Ukraine.
Public-private partnership projects could be one of the sources of funding for road repairs and construction.
The new road will have a length of more than 4 kilometers and require allocation of about 20 hectares of urban land. The project also includes construction of a large parking site for trucks and a WiM site.
The Kyiv bypass road is expected to be completed in 5-6 years if it is financed steadily.
The bank lowered the interest rate on the second loan tranche compared with the base rate.
An agreement on commencement of preparation for the road reconstruction project has been signed.
International engineering companies will now begin monitoring construction of roads in Ukraine. It is not cheap, but it should improve the quality of roadworks and bring Ukraine a step closer to the standards of international financial institutions.
The president also stated the need to build new bridges over River Tisza on the Ukrainian-Hungarian border.
The Ministry of Internal Affairs has postponed the launch of traffic enforcement cameras until the end of the quarantine.
The Ukravtodor bonds are redeemable by the state-owned Ukreximbank.
Companies will be involved in monitoring compliance with design decisions and road standard requirements, as well as in monitoring the quality of work.
According to Kubrakov, construction of 40% of the facilities that were planned for this year has already begun.
The loan funds will be spent on 100 road construction projects approved by the government.
In total, 60 kilometers of the H-14 Highway in the Mykolaiv region will be overhauled this year.
The winner of the tender is a Turkish company.
The head of state has promised that part of Naftogaz of Ukraine’s Stockholm arbitration award will be allocated for financing roads.