Business news from Ukraine

Business news from Ukraine

UKRAINE PLANS TO IMPLEMENT $1.5 BLN RAILWAY DEVELOPMENT PROJECTS IN 3 YEARS

5 July , 2022  

Minister of Infrastructure of Ukraine Oleksandr Kubrakov during the forum in Lugano (Switzerland) on Tuesday, July 5, presented a number of planned projects for the development of the country’s railway export infrastructure.

According to the information in the presentation that Kubrakov presented, in particular, among the projects: construction of new and modernization of existing railway lines (both 1435 and 1520 mm) in the direction of the border with the EU and the seaports of the Danube; modernization of rolling stock for freight traffic; modernization of equipment for changing the gauge.

The total cost of these projects is $1.5 billion.

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