Business news from Ukraine

Business news from Ukraine

UKRAVTODOR AND TURKEY’S DOGUS SIGN CONTRACT FOR BUILDING NEW BRIDGE

The State Agency of Automobile Roads of Ukraine (Ukravtodor) has signed an agreement for the construction of a new bridge in Kremenchuk (Poltava region) for UAH 11.249 billion with the Turkish company Dogus Insaat Ve Ticaret.
On the part of Ukravtodor, the contract was signed by the head of the road service in Poltava region, Ivan Krapovnytsky, from Dogus Insaat Ve Ticaret – executive director Tolga Akkas.
Ukravtodor noted that the new bridge will improve the optimization of logistics routes in the center of Ukraine by reducing travel times for road transport. This will be achieved by increasing the speed limit for trucks from 36.8-53.3 km/h to 72.9 km/h, buses from 35.7-53.4 km/h to 71.1 km/h, passenger cars from 39.6-55.3 km/h to 81.5 km/h.
“All plots that fall under the construction zone will be bought for state funds. If these are private plots where people live, or some other private plots, they will be bought out, transferred to the state ownership, and people will receive monetary compensation for this,” Krapovnytsky said.

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STATE AGENCY UKRAVTODOR TO BUILD NEW ROAD IN ZAKARPATTIA REGION UNDER HUNGARIAN LOAN

The State Agency of Automobile Roads of Ukraine (Ukravtodor) intends to implement three priority projects in Zakarpattia region under a Hungarian loan, the allocation of which was confirmed by Minister of Foreign Economy and Foreign Affairs of Hungary Peter Szijjarto during his working visit to Ukraine on Wednesday.
As the press service of Ukravtodor told Interfax-Ukraine, among these facilities, in particular, is the construction of a new 10-kilometer road of the first technical category from the Hungarian border to the M-24 highway, and then to the highway M-06 Kyiv-Chop.
“This will be a continuation of the Hungarian M3 motorway from Budapest to Vásárosnamény, which, in turn, is part of the Fifth Pan-European Transport Corridor that passes through the territory of Ukraine,” the agency said.
The expected traffic intensity on the site is 12,000 vehicles. The construction of three interchanges is envisaged. Another checkpoint on the Hungarian-Ukrainian border is envisaged as well.
According to Ukravtodor, the designed-estimated documentation for this project is being examined. The estimated cost of construction is UAH 3.8 billion.
Another priority object is the construction of a bypass road around the town of Berehove and further to the Luzhanka checkpoint on the border with Hungary. The estimated cost of construction is UAH 1.5 billion. The designed-estimated documentation is at the final stage.
In addition, the modernization of the bridge across the river Tysa at the checkpoint Tysa-Záhony is a priority.
According to Ukravtodor, the start of the implementation of these projects is scheduled for 2021.
In general, in 2020, some 282 km of roads were repaired under the Big Construction program in Zakarpattia region.
As reported, Minister of Foreign Economy and Foreign Affairs of Hungary Peter Szijjarto confirmed the allocation of EU50 million to Ukraine for the development of road infrastructure in Zakarpattia region.

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UKRAINE PROVIDES UKRAVTODOR WITH STATE GUARANTEES

The Cabinet of Ministers of Ukraine in 2020 provided the State Agency of Automobile Roads of Ukraine (Ukravtodor) with state guarantees for UAH 23.5 billion.
According to the information on the state guarantees provided in January-December 2020, published on the website of the State Treasury Service, on April 28, 2020, Ukravtodor received a state guarantee for UAH 19.274 billion (with additional guarantee of interest income), on December 18 for UAH 1 billion and on December 22 for UAH 2.25 billion and UAH 1 billion (all three – with additional guarantee of all payment obligations).
According to the data on the total amount of state and state-guaranteed debt for 2020, Ukravtodor placed 12-month bonds for UAH 5.78 billion in April last year, for UAH 5.08 billion in June and for UAH 3.5 billion in November. In total, from the placement of this type of bonds, the state agency raised UAH 14.36 billion of funds.
In addition, in August, Ukravtodor placed three-year bonds worth UAH 2.87 billion, and in November five-year bonds for UAH 2 billion.
According to Ukravtodor, 12-month bonds were redeemed by Ukreximbank for UAH 5.782 billion at 10.5% for one year, for UAH 5.081 billion at 9.99% for two years and for UAH 2.872 billion at 9.99% for three years.
In December, the state agency raised UAH 4.25 billion from three state-owned banks: UAH 1 billion each from Ukrgasbank and Ukreximbank, as well as UAH 2.25 billion from Oschadbank.
The State Agency of Automobile Roads of Ukraine ensures the implementation of the state policy in the field of road facilities and road management.

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UKRAINIAN UKRAVTODOR SELECTS TURKISH COMPANY TO BUILD NEW BRIDGE IN KREMENCHUK

The State Agency of Automobile Roads of Ukraine (Ukravtodor) during tenders in the state electronic trading system ProZorro has reduced the expected cost of building a new bridge in Kremenchuk (Poltava region) by 11%, or UAH 1.27 billion.

Ukravtodor reported the tender was won by the Turkish company Dogus Insaat Ve Ticaret with a final offer of UAH 11.249 billion – an agreement with it will be signed after the completion of all tender procedures.

“The fact that new international players appear in the road sector who are immediately ready to compete on equal terms with others is a sign of a healthy market. And another confirmation that the path we have chosen is working. I am sure that there are more such companies – and quality as well will grow,” Head of Ukravtodor Oleksandr Kubrakov said.

According to him, 95% of the materials that will be used in the construction of the bridge will be Ukrainian.

According to the feasibility study of the project, the new bridge will be cable-stayed, with four lanes, two in each direction. On the right bank of the Dnipro River, it will connect with the N-08 highway, on the left – with the existing street network of Kremenchuk. At these points, it is planned to build transport interchanges at different levels. The total length of the structures will be over 3 km.

Dogus Insaat Ve Ticaret will both design and build the new bridge crossing as the “design and build” tender was announced.

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Ukravtodor opens passage on new bridge across Chortomlyk river

The State Agency for Highways of Ukraine (Ukravtodor) has opened a passage on a new bridge over the Chortomlyk river in the village of Oleksiyivka, Dnipropetrovsk region, Ukravtodor reported on its Telegram channel on Wednesday.

“I think everyone remembers the story of May, when the old ferry collapsed during the passage of an overloaded truck. It hasn’t been repaired for 65 years. Then we immediately launched the process of reconstruction of the bridge. The whole team was faced with the task of opening the traffic here by the end of the year. All critical work has been completed now. Today, the first test vehicle set off across the bridge in Oleksiyivka. From tomorrow, vehicular traffic will be carried out in a usual mode,” the press service quoted head of the agency Oleksandr Kubrakov as saying.

According to Ukravtodor, in 2021, work on the installation of a drainage system from the superstructure, the arrangement of the upper layers of the pavement, road markings and the dismantling of the reinforced concrete channel supports of the old bridge will be completed on the bridge.

The bridge over Chortomlyk is an integral part of the road N-23 Kropyvnytskyi – Kryvyi Rih – Zaporizhia (km 206 + 925).

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STATE-RUN UKRAVTODOR INSTALLS NORWEGIAN SENSORS AT WIM COMPLEX

The State Automobile Roads Agency of Ukraine (Ukravtodor) installed high-precision sensors of the Q-Free Norwegian company at the site of the Weigh-in-Motion (WiM) complex on the M-02 Kipti-Hlukhiv-Bachivsk road in Chernihiv region.
The Ukravtodor press service told Interfax-Ukraine that the equipment of the IRD company (Canada) was used on the previously installed WiM complexes.
“This is the first experience of Ukrainian specialists working with Norwegian equipment, so the installation took place under surveillance of European supervisors. Sensor systems from the same manufacturer will also be installed at the Weigh-in-Motion facility in Mykolaiv region, on the N-24 Blahovischenske-Mykolaiv road,” Ukravtodor said. In 2020, the State Automobile Roads Agency is scaling a network of WiM sites in all regions of the country: in November, a facility was put into operation in Poltava region on the M-22 Poltava-Oleksandria road. At the second object in Poltava region on the N-31 Dnipro-Tsarychanka-Kobeliaky-Reshetylivka road, the installation of the frame has already been finished, and the hanging of cameras and scanners is starting.
On the M-25 Solomonove-Velyka Dobron-Yanoshi checkpoint in Zakarpattia region is also preparing for the installation of all elements of the WiM system. At the end of 2019, within Ukraine’s cooperation with the International Bank for Reconstruction and Development (the road sector development project), Ukravtodor launched six WiM complexes at the entrances to Kyiv.
The Weigh-in-Motion information collection and analysis system works in real time, recording the weight, dimensions, license plates and speed of vehicles.
Ukrtransbezpeka can use data of WiM sites for setting fines in the “preselection” mode. For automatic processing of fines, it is necessary to improve legislation.
By the end of 2020, the number of WiM sites is planned to be increased to 20 ones throughout Ukraine, and in 2021, according to the plans of Ukravtodor, their number should triple.

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