Business news from Ukraine

BORYSPIL TO DO ITS BEST TO FINISH CONSTRUCTION OF PARKING ZONE IN 2016 – AIRPORT HEAD

2 September , 2015  

KYIV. Sept 2 (Interfax-Ukraine) – A court ruling on revoking the agreement between Boryspil International Airport and a contractor – public joint-stock company Construction Department 813 (both based in Kyiv) – to build a parking zone at the airport, would allow the airport to finish building the important infrastructure facility and open it, the acting director general of the airport, Yevhen Dykhne, has told Interfax-Ukraine.

He said that the airport plans to return advance payments of over UAH 93 million. The decision would ensure that relations with the unfair contractor would be officially terminated and a new contractor could be selected.

“Under the order of the Cabinet of Ministers of Ukraine potential investors to complete the parking zone are being searched for. The information is posted on the airport’s website. Understanding the importance of launching the facilities, the airport foresees the possibility of finishing construction using its own funds as a fallback, and investment in the draft financial plan of the company for 2016 is foreseen. The project would be soon revised with the purpose of the gradual launch of the facility,” Dykhne said.

He said that under the project approved in 2012, additional financing of the project by around UAH 180 million would be required.

He said that the launch of the parking zone depends on the path that would be chosen to settle the problem.

“Anyway, the airport would do its best to finish the works in 2016,” he said.