Business news from Ukraine

Business news from Ukraine

AMERICAN CORPORATION BECHTEL TO BUILD PART OF KIEV BYPASS ROAD

U.S. Bechtel Overseas Corporation with a price offer of UAH 5.3 billion won the competitive selection of the contractor for the construction of the first section of the Kyiv bypass road.
As reported by the State Road Agency of Ukraine (Ukravtodor) on its Facebook page on Friday, in particular, it is about the first 18-kilometer section of the upcoming bypass road from the M-07 Kyiv-Kovel-Yahodyn highway to M-06 Kyiv – Chop.
It will be a new category I-a bypass road with bridges, overpasses, green bridges for animals and a flyover. In addition, open parking lots will be built, weighing platforms in motion, noise screens and modern lighting will be installed. The construction of a modern autobahn will start after the conclusion of the contract.
Bechtel Overseas Corporation is a world leader in engineering, procurement and construction. The company was founded in 1898 and is the largest construction company in the United States with projects in 160 countries on seven continents. Bechtel has built more than 24,000 km of roads in its history.
As reported, the first stage of selecting a work contractor for the construction of the first section of the Kyiv bypass road was held among three companies: Avtomagistral-Yug LLC, U.S. Bechtel Overseas Corporation and Turkey’s Onur.

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U.S. COMPANY BECHTEL CORPORATION INTERESTED IN ENTERING UKRAINIAN ROAD CONSTRUCTION MARKET

The U.S. engineering, construction and design company Bechtel Corporation is interested in entering the Ukrainian market for the construction of roads and other more complex infrastructure facilities, Ukrainian Ambassador to the United States Oksana Markarova said.
“I had the honor to speak at the Ukraine Invest round table on the importance of Ukraine’s active competition for investments, attracting U.S. investors to Ukraine and common American-Ukrainian projects in important industries for us, where out team immediately held a meeting with Stuart Jones, President of Regional and Corporate Relations of Bechtel Corporation, the U.S. engineering/construction/design company with revenues of $17.6 billion that implements infrastructure projects around the world and has an interest in entering the Ukrainian market for the construction of roads and other more complex infrastructure facilities,” Markarova wrote on Facebook on Friday.
She assured that the Ukrainian Embassy in the United States will actively work with Prime Minister of Ukraine Denys Shmyhal, President Volodymyr Zelensky’s Office, Ukravtodor and the Ministry of Infrastructure of Ukraine, as well as IFIs and U.S. financial institutions, in order to turn this interest into new projects, investments and jobs for Ukraine.

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