KYIV. Oct 26 (Interfax-Ukraine) – Ukraine hopes to find a compromise regarding the loan issued by China Complete Engineering Corporation (CCEC) for the cheaper implementation of the Air Express project and other projects. A joint group with CCEC has been created, First Deputy Prime Minister, Minister of Economic Development and Trade Stepan Kubiv has said.
“It consists of representatives of ministries and parliament and by the middle of November it will revise this and other Ukraine-China projects, as well as determine top priority tasks and present proposals on their optimal implementation,” he wrote on his Facebook page after a meeting with representatives of CCEC in Kyiv.
He believes that the constructive dialog helps to settle existing problematic issues and find a mutually beneficial solution that would suit passengers and would be more efficient from the point of its implementation.
Kubiv said that a high-speed train is required to be launched between Kyiv and the Boryspil airport, although the project should be economically viable.
“For example, a tram train, as this is more beneficial alternative to the Air Express project initiated in 2011,” Kubiv said.
As reported, Ukraine has the unrealized national project “Air Express” of railway passenger communication between Kyiv and Boryspil International Airport, construction of other infrastructure objects in Kyiv region, which is aimed at ensuring the development of transport infrastructure, strengthening the competitive positions of Ukrainian air carriers, increasing the investment and tourist attractiveness of the country.
To implement it, in 2011, a $372.3 million government secured credit agreement was signed with the Export-Import Bank of China. The CCEC was designated as the general contractor for performing turnkey construction works.
