Business news from Ukraine

KYIV AUTHORITIES ASSESS BUILDING OF PODILSKO-VYHURIVSKA SUBWAY LINE AT UAH 31.5 BLN

25 March , 2016  

KYIV. March 25 (Interfax-Ukraine) – Kyiv city authorities have assessed the cost of building the Podilsko-Vyhurivska subway line at UAH 31.5 billion.

This is outlined in the action plan for 2016-2018 on the implementation of Kyiv city development strategy until 2025 approved by Kyiv City Administration order No. 100 dated February 26, 2016.

According to the document, building of the line would help improving traffic coming from Troyeschyna, Lisny, Voskresenka and Raiduzhny areas and Rusanivsky Sady area which development is planned in the future.

According to the plan, UAH 635 million will be spent on construction of the line in 2016, 540 million in 2017, UAH 2.692 billion in 2018, using budget funds, own funds of Kyiv Metropoliten and other sources of financing.

The first phase of the Podilsko-Vyhurivska subway line will have six stations: Hlybochytska (interchange station with Lukianivska), Podilska (interchange station with Tarasa Shevchenko), Sudnobudivna (on the Rybalsky Island), Trukhaniv Ostriv, Zatoka Desenka and Raiduzhna. The line will next be extended to the Troyeschyna area along Mayakovsky Avenue and from Lukianivka via the main railway station of Kyiv to the Kyiv airport in Zhuliany.

Kyiv Metropoliten in February 2016 announced a tender to buy design works (the feasibility study) on building the fourth subway line.