Business news from Ukraine

UKRAINE TO DEVELOP HIGH-SPEED INTERNET ACCESS ON ROADS

The Ministry of Infrastructure of Ukraine, the Ministry of Digital Transformation, the State Automobile Roads Agency of Ukraine (Ukravtodor), the National Commission for the State Regulation of Communications and Informatization (NCCIR) and Ukrainian Internet associations signed a memorandum of cooperation in the development of broadband Internet access on roads.
As reported on the website of the Ministry of Infrastructure on Friday, with the memorandum, all of its parties will cooperate in the implementation of smart transport systems and their arrangement on public roads of national importance.
In particular, Ukravtodor, when conducting procurement for the overhaul of these roads, will include provisions for the development of broadband Internet access in the customer’s requirements, as well as the infrastructure necessary for the cable telecommunication lines.
“We want that during the overhaul of these roads, one of the requirements for the customer is the development of the required infrastructure for the cable telecommunication lines, so that there is broadband access to the Internet. This will allow the introduction of smart transport systems, which are very important to increase transport safety and prevent possible accidents, traffic monitoring and efficient management of traffic flows,” the press service of the Ministry of Infrastructure said, citing minister Vladyslav Krykliy.

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BELARUS AND TURKISH INVESTOR PLAN TO BUILD RIVER PORT ON BORDER WITH UKRAINE FOR ACCESS TO BLACK SEA

Belarus is considering the possibility of building a river port on the Dnipro River in Gomel region near the border with Ukraine in order to use river-sea vessels to put out to the Black Sea. The Turkish investor Derin Shipping & Trading Co. might be involved in the project.
According to the state agency BelTA, Ambassador of Belarus to Turkey Andrei Savinykh states that the implementation of the project “will turn Belarus into a maritime state.” The project could be implemented by building a port terminal in the village of Nizhniye Zhary (Gomel region).
“Our Turkish partners are considering the possibility of building a port in Nizhniye Zhary, which will turn Belarus into a maritime state,” the official told journalists in Gomel during the visit of the Turkish delegation to the regional center.
It is assumed that the main volume of cargo turnover will be provided by oil products (Mozyr Oil Refinery is located near Gomel) and Petrikovsky GOK being under construction in Gomel region (the project of Belaruskali, the capacity is about 2 million tonnes of potassium chloride per year).

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