For now, the Ukrainian government has five autobahn construction projects in which investors are interested. The first construction of one of these highways will begin next year. All research has already been done, traffic has been studied, and there are already potential investors.
The public-private partnership cooperation will more actively attract investments in the development of a high-quality road network in Ukraine.
In the near future, Ukravtodor (a state motor transport service of Ukraine) will announce a tender for the selection of a private investor for the construction of this road. Future investor will build the road along the route Krakivets-Brody-Rivne.
The president of Ukraine Volodymyr Zelensky signed the corresponding law. According to that law, Ukrainian and foreign investors with a total investment of €20 million or more will receive government support.
According to prime minister Denis Shmyhal, Ukraine is actively looking for ways of effective cooperation between business and the state. He is confident that today public-private partnership is the most effective tool for the development of the state.
In addition, this year, Ukravtodor will hold an open international tender within the framework of cooperation with the EBRD (European Bank for Reconstruction and Development) and the EIB (European investment bank) on the construction of a section of the northern bypass of Lviv. Together with the Krakivets-Brody-Rivne road, they will form a modern transport corridor with the European Union.
The construction of roadways with the involvement of a private investor will not only create new jobs and promote economic development, it will make the roads comfortable and safe for Ukrainian in the long term.
Some updates on the road situation in Ukraine
According to the results of the survey of the sociological group Rating, conducted on September 10-13, 2021. Over 80% of Ukrainians noted an improvement in road conditions in 2021.
It also became known that Ukravtodor plans to spend $2.2 billion on the construction and repair of roads in 2022, of which $2.9 billion will be from the state budget.
