Business news from Ukraine

CHINA READY TO INVEST GOVERNMENT-SECURED $10 MLN IN CONSTRUCTION OF RUNWAY IN ZHYTOMYR AIRPORT

30 June , 2017  

KYIV. June 30 (Interfax-Ukraine) – Chinese investors are ready to invest $10 million in construction of a new runway in the Zhytomyr airport.
According to the report of the Zhytomyr City Council, representatives of CCCC First Highway Engineering Co. (CFHEC) made this statement at a meeting with the owner of the airport and Zhytomyr Mayor Serhiy Sukhomlyn.
“Our Chinese partners have shown their interest in building a modern runway at the Zhytomyr airport. If the project is implemented, Zhytomyr could expect that low cost airline would come,” Sukhomlyn said.
As reported, the Zhytomyr regional airport after a 25 year idle period serviced the first technical flight of Yanair airline’s Saab 340 plane on January 29, 2016.
Airport Director Serhiy Budiak then said that the operation of the air field began.