Business news from Ukraine

Business news from Ukraine

TEN-T INVESTMENT PLAN INCLUDES CONSTRUCTION PROJECTS IN EASTERN PARTNERSHIP COUNTRIES, INCLUDING 4,800 KM OF ROADS, RAILWAYS IN UKRAINE

27 May , 2019  

Investment projects in the framework of Trans-European Transport Network TEN-T investment plan include construction projects in the Eastern Partnership countries, including 4,800 km of roads and railways, six ports and 11 logistic centers in Ukraine, the press service of Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze has reported.
Klympush-Tsintsadze at a meeting with Director-General of the European Commission on Mobility and Transport Henrik Hololei said that projects implementation in the framework of Trans-European Transport Network TEN-T investment plan is among government priorities, which includes Eastern Partnership countries. All projects stated in the plan require nearly EUR 13 billion of investment.
“All projects stated in the plan require nearly 13 billion euros of investment. It is planned to build 4,800 kilometers of roads and railways, 6 ports and 11 logistics centers for these funds,” the mission said.
Klympush-Tsintsadze also said that Ukraine is also counting on EU support, as well as on the timely signing of the Common Aviation Area Agreement, which will give impetus to the development of Ukrainian aviation industry, as it will increase the number of flights and passenger traffic.

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