Business news from Ukraine

STATE-RUN UKRAVTODOR SEEKS TO RAISE UKRAINE’S SCORE IN WEF IN QUALITY OF ROADS BY 10-15 POSITIONS

19 February , 2020  

The State Automobile Roads Agency of Ukraine, also known as Ukravtodor, in 2020-2021 seeks to raise Ukraine’s score in the Global Competitiveness Report of the World Economic Forum (WEF) in the quality of roads by 10-15 positions compared with the score for 2019 (114 rank).
Ukravtodor Heaad Oleksandr Kubrakov presented these plans on his Facebook page after a roundtable in the American Chamber of Commerce in Ukraine.
“In fact, there are about 15 major market players, 60 or more auction participants in the projects of IFIs [international financial institutions], stable financing from the Road Fund (UAH 31.5 billion) and additional financing under government guarantees, as well as from funds that Ukraine received under the award of the Arbitration Institute of the Stockholm Chamber of Commerce. We are working on what is needed to improve both perception and reality – liberalization of pricing, typical tender documentation and resistance to “tender trolls,” he said.
According to the data released by Kubrakov, in 2019, four companies were the leaders in the number of complaints to the Antimonopoly Committee of Ukraine, with a total of 720 complaints.
“We are waiting for the certification of WiM systems and initiate the signing of the Memorandum of Virtue in the field of freight transportation. I am sure that Ukrainian roads cannot be saved with fines and restrictions alone. We need an active position of all market players,” the head of the agency added.

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