Ukraine’s Infrastructure Ministry is interested in liberalizing air transportation between Ukraine and the United States.
This was announced by Ukrainian Infrastructure Minister Volodymyr Omelyan at a meeting with the U.S. Under Secretary of Transportation for Policy Derek Kan, the U.S. Transportation Department’s International Aviation Director Brian Hedberg and Deputy Executive Director for the Office of International Affairs in the U.S. Federal Aviation Administration (FAA) David Burkholder as part of a working visit to the United States.
“We are ready to develop passenger air transportation with the countries and are interested in facilitating the implementation of the agreement between Ukraine and the United States on air communication. We will sincerely welcome the expansion of the presence of American airlines in Ukraine,” the Infrastructure Ministry’s press service quoted Omelyan as saying.
According to the press release, Omelyan said Ukraine is interested in attracting U.S. experience in the development of digital infrastructure. He discussed with his American counterparts the policy of Ukraine in the field of anti-corruption.
As reported, the Infrastructure Ministry has predicted the signing of an agreement on the Common Aviation Area (CAA) with the EU during spring 2019.
The accession of Ukraine to the common aviation space with the EU is an important step for the development of the country’s aviation industry. Liberalization of airspace, first of all, will attract new airlines to Ukraine, and then increase competition in the market, which will make air transportation much more affordable.
In accordance with the Ukraine-EU Association Agreement, civil aviation is regulated by a separate agreement – Stabilisation and Association Process (SAP), which was initiated in 2013, but not yet signed. The signing of the agreement on SAP was postponed twice on the initiative of the EU side. The main reason for the delay is the lack of consensus between Spain and the UK on the wording on the territorial application of the agreement in part of Gibraltar.
In addition, Ukraine should bring the country’s aviation regulations in line with EU airspace legislation.
Research and Industrial Center Borschahivka chemical and pharmaceutical plant (Kyiv) has won a tender of the United Nations Development Program (UNDP) to supply anti-tuberculosis medicine Rifampicinum using budget funds. According to the contract signed by the plant and the UNDP, the total amount of medicines worth UAH 6 million is to be handed over to the international organization no later than January 2019.
“The victory of the enterprise in the tender confirms that any pharmaceutical manufacturer that is able to provide high-quality products at an affordable price has a chance to win. We have already delivered the first batch of drugs for tuberculosis treatment in the tender,” the press service reported, citing Director General Yulia Zdarevska.
As reported, Borschahivka chemical and pharmaceutical plant in 2017 won the tender of UNDP for the supply of two anti-tuberculosis drugs Rifampicinum and Aethambutolum for UAH 3.6 million.
ANTI-TUBERCULOSIS MEDICINE, BORSCHAHIVKA CHEMICAL PLANT, TENDER, UNDP
Ukraine’s Infrastructure Ministry has approved the assignment of UAH 1.1 billion in 2019 for reconstruction of the airfield of municipal enterprise Odesa International Airport, including for construction of a new runway with the synthetic covering and taxiways. “The mechanism of financing the implementation of the program approved by the State Agency of Infrastructure Projects of Ukraine allows starting the implementation of the project at once in line with Ukrainian legislation,” the enterprise said in an explanatory note to the financial plan of state-owned enterprise (SOE) Directorate for Construction of Odesa International Airport for 2019.
The financial assistance will be received from the SOE managed by the State Agency of Infrastructure Projects of Ukraine, which was authorized to act as the customer of the state targeted program on development of airports for the period until 2023. According to the explanatory note, the reviewed indicators are UAH 500 million for 2017, UAH 1.179 billion for 2018 and UAH 1.109 billion for 2019. The capital investment in the financial plan for 2019 is planned at UAH 874.25 million. Net profit expected in 2019 is UAH 83,000, and revenue – UAH 13.31 million.
As reported, the Cabinet of Ministers of Ukraine in July 2018 decided to send UAH 253 million to build a runway in the Odesa airport.
Germany could finance construction of the Mariupol-Zaporizhia highway, Ukrainian Infrastructure Minister Volodymyr Omelyan wrote on his Facebook page on Monday. “Germany is considering the possibility of allocating financing to build the road in Eastern Ukraine. Probably it will be the Mariupol–Zaporizhia road. It will be the first real highway in Ukraine built according to all EU requirements,” he said.
According to the minister, together with Hyperloop Transportation Technologies, the certification of this new type of transport (highway) by TÜV SÜD, the leading German safety association has been launched. As reported, last week in Germany Omelyan held talks with the ministries of economy and transport, and met with Federal Minister for Economic Affairs and Energy Peter Altmaier.
Earlier, the Cabinet of Ministers of Ukraine approved the state targeted economic program for the development of public roads of state importance for 2018-2022.
The Kyiv City Council at a session on Thursday, September 20, made a decision to lease two land parcels with a total area of 22.2 ha located at 8, Simyi Khokhlovykh to companies UNIT Zhytloinvest and UNIT Holdings to build a residential and office complex. A total of 71 lawmakers backed the lease of 8.2 ha land parcel to UNIT Zhytloinvest and 83 lawmakers supported the lease of 14 ha to UNIT Holdings. As reported, KAN Development and UDP in 2019 will start building a residential complex of 170,000 square meters in Kyiv-based UNIT.City innovative park. The share of housing will be around 30% of the park.
The project provides a mix of housing of business and comfort classes. The construction is scheduled to begin in 2019, and the first stage, which will account for 15% of the total area (about 25,000 square meters), will be commissioned in 12-14 months.
KAN Development is also engaged in joint development for the construction of a six-story business center on UNIT.City’s area. Its commissioning is planned before the end of 2018. Its total area is about 13,000 square meters. At the same time, preliminary lease agreements have already been signed for 90% of the area. Under this project, UDP and KAN Development act as co-investors.
Apart from housing, UNIT.City will also have a university, a school, a kindergarten in the future.
As reported with reference to founder of the UFuture investment group and K.Fund Vasyl Khmelnytsky, it is planned that the area of the UNIT.City innovation park in Kyiv will be expanded to 26 hectares from 19 hectares (as of May 2018).
The UNIT.City innovation park officially opened in April 2017 on the territory of the former Kyiv Motorcycle Plant. Its territory comprises the Chasopys-UNIT co-working facility, IT school UNIT Factory, three laboratories, a business campus, a fund and five accelerators.
According to UNIT.City’s website, four new business campuses, three accelerators, four funds will be created in the park before 2019. The number of resident companies will be increased to 100. By 2025, the park should include 25 hectares of space for work and leisure, as well as more than 300 companies and R&D laboratories.
KYIV CITY, LEASING, OFFICES, RESIDENTIAL BUILDINGS, UNIT.CITY
The European Bank for Reconstruction and Development (EBRD) is about to invest from $2 million to $4 million in the development of infrastructure of auctions stimulating renewable energy, EBRD Deputy Director in Ukraine Marina Petrov said during her interview to the Reform.Energy website. “This is the money that we are already asking for now from the donors in order to launch a high-quality auction,” she said. She explained that market players might not be able to perceive poorly organized auctions. “This is very important to keep up the balance of interests in order to receive the most outstanding result,” Petrov said. The auctions will have to be transparent, understandable and in line with legislation.
According to her, the EBRD during Ukraine’s transition to the auctions stimulating renewable energy is ready to share its experience from similar auctions in those countries which were the first ones to introduce such tools. Such or similar auctions are held in Turkey, Poland, Bulgaria, Jordan, Egypt, and Armenia, she said.
The amount is to be allocated within the EBRD’s USELF-III lending facility approved in July this year in the amount of EUR 250 million to support private renewable energy projects in Ukraine, she said.
Speaking at the Ukrainian Financial Forum organized by the ICU Invest Group in Odesa, the EBRD representative said that market operators had questions as for who would be a balancing player on this market. She said that the EBRD was working jointly with the U.S. Agency for International Development to create the market of balancing facilities and invest the funds in more mobile parts of the system, e.g. batteries, gas turbines. “This is next year’s agenda,” Petrov said.
In general, she described the situation on the renewables market as a “quick sprint” – the investment is to be made while the current feed-in tariffs are in effect.
“We’ve got many investors who are mulling over investment this and next year. We have fewer investors who are preparing projects for 2020-2021. We see there will be a steep decline,” she said.
In this connection, she called on the adoption of a law on renewable energy auctions by the end of the current year.
Ukraine has great potential for the development of other sectors of renewable energy, mainly biofuel and small hydro facilities, she said.
DEVELOPMENT, EUROPEAN BANK, INVEST, RECONSTRUCTION, RENEWABLE ENERGY
