Tag: road
He again stated the importance of creation of a road fund, into which all the revenue from the excise duty on fuel will be transferred.
Via Carpathia highway will have six branch routes, three of them will pass through the territory of Ukraine. The first segment will connect Lublin (Poland) with the route Kovel/Lutsk - Kyiv/Ternopil - Vinnytsia - Odesa.
The Odesa regional administration has approved the project documentation for construction of a bridge across Sukhyi Estuary (Sukhyi Liman), with a branch to the village of Malodolynske from the Odesa-Chornomorsk (formerly Illichivsk) highway.
The World Bank has already financed two projects involving repair and reconstruction of various sections of the M03 Highway.
However, the problem is that asphalt-concrete [roads] cannot be repaired with concrete.
According to Altcom’s Board Chairman Oleksandr Tislenko, this contract constitutes nearly 20% of Ukraine’s total exports to Iraq this year.
Investments in the implementation of the “New Silk Road” strategy are measured in trillions of dollars. Ukraine began appearing on the list of potential transit countries for Chinese goods this year.
The application currently has more than 39,000 registered users.
According to him, this amount of money was generated from the 5% excise duty on gasoline at the pump, which goes directly into local budgets.
Infrastructure Minister Andrii Pyvovarskyi has said that complete overhaul of the Odessa-Reni highway will cost UAH 3.5-4 billion.
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.
Ukrzaliznytsia continues to automate railway level crossings with the aim of improving traffic safety standards and six crossings with bus traffic will be automated before the end of 2015.
Bulgaria supports reconstruction of the Highway M15 (Odesa-Reni, to Bucharest), and it is ready to help Ukraine obtain European Union funds for financing development of the documentation for the project.
The World Bank has approved the third project for reconstruction of the M-03 Kyiv-Kharkiv-Dovzhansky highway worth USD 560 million.
The Ministry of Infrastructure has prepared the draft law "On Harmonizing Ukrainian Legislation on Road Transport with the Regulations of the European Union." The document was prepared pursuant to the Association Agreement between Ukraine and the European Union.
Ukraine's Cabinet of Ministers has banned transportation of divisible goods weighing more than 40 tons by road. The relevant government resolution No. 869 dated 21 October has already been published.
The competitiveness of Ukrainian roads is one of the lowest in the world, according to the Global Competitiveness Index published annually by the World Economic Forum (WEF).
First Deputy Minister of Infrastructure Volodymyr Shulmeister on 2 October signed a protocol on provision of a loan of USD 560 million from the World Bank (the first part of the third loan tranche) for reconstruction of the Poltava-Kharkov highway
The Ministry of Infrastructure will spend more than EUR 50 million out of a total loan of EUR 500 million from Germany on restoration of the transport infrastructure in eastern Ukraine.
An interagency commission has rejected the applications of the two companies that expressed the desire to participate in Ukraine’s first highway concession project, which involves construction and operation of a new Lvov-Krakovets highway.