Business news from Ukraine

SEVERAL COMPANIES FROM UAE INTERESTED IN CONSTRUCTION OF MARINA AND LARGE PORT IN UKRAINE

Several companies from the UAE are interested in building a marina in Odesa, as well as port infrastructure, Ukrainian President Volodymyr Zelensky said at a press conference on Monday.
“There is a question of ports. They [companies from the UAE] are professionals. They are now in our market. We are talking about a large project – the construction of a large marina in Odesa and a large separate port. And one of the companies we met will be in Ukraine this week, and we will talk specifically about river transport, in which they are professionals and are ready to build river ports,” he said.
According to the president, he discussed these issues with representatives of large companies from the UAE during a meeting with business as part of his trip to the UAE.
Zelensky also said that river transportation is the cheapest in Ukraine, while it can be a profitable industry for both business and the budget.
As reported, the UAE plans to increase the turnover of agricultural products with Ukraine tenfold and bring this figure to $2 billion per year.

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CONSTRUCTION OF NEW AIRFIELD AT INTERNATIONAL AIRPORT IN DNIPRO STARTS

The construction of a new airfield at the international airport in Dnipro has begun, the work is to be completed in 36 months, the head of the State Agency for Infrastructure Projects of Ukraine (Ukrinfraproekt), Kyrylo Khomiakov, said on Facebook.
He said the new terminal of the airport, in turn, will be built and put into operation in 18 months.
“The first phase of construction includes all earthworks, the construction of a new apron and taxiways to connect the new terminal to the old lane during the construction of the new lane. This means that passengers will be able to use the new terminal and aircraft will be able to use the new apron by the end of next year!” he wrote.
The old runway will be operational during construction.
As reported, the state enterprise Financing of Infrastructure Projects (Fininpro) signed an agreement with Altis-Construction LLC for the purchase of works on building a new airfield at Dnipro International Airport with an offer 30.6% lower than the expected cost for UAH 3.95 billion.
According to Minister of Infrastructure Vladyslav Krykliy, back in September 2020, preparatory work began at the facility to ensure the continuous operation of the airport during construction. At the same time, a private investor, NS Dnipro, began to build new passenger and VIP terminals.
It is planned to build a runway with a length of 3.2 km at Dnipro airport. The cost of the project, according to the state examination report, is UAH 6.23 billion.
For the current year, the government has allocated UAH 1.4 billion for the construction of the airfield.

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VOLUME OF CONSTRUCTION WORK IN UKRAINE 4% UP IN 2020

The volume of construction work performed in Ukraine in 2020 increased by 4% compared to 2019, while the growth rate in 2019 versus 2018, according to updated data, was 23.6%.

As the State Statistics Service said on Monday, in 2020 the volume of performed construction work amounted to UAH 199 billion.

According to the statistics, in December 2020, the volume of performed construction work increased by 8.2% compared to December 2019, while compared to November 2020, the figure increased by 49.6% (according to seasonally adjusted data, it decreased by 1.2%).

The State Statistics Service said that in 2020 versus 2019, an increase in the volume of construction work was observed only in the segment of construction of engineering structures the figure was 14.8% (in 2019 it was 27.7% versus 2018). At the same time, in residential construction, the decline in construction work was 18.5% (in 2019 an increase of 4.8% compared to 2018), in non-residential construction 2.7% (in 2019 an increase of 30.3% compared to 2018).

The share of new construction in the total volume of completed construction works was 36.1%, renovations 36.9%, reconstruction and technical re-equipment 27%.

In 2020, an increase in the volume of construction work was recorded in 11 regions of Ukraine. The largest increase in the indicator was observed in Khmelnytsky (by 58.3%, to UAH 6.47 billion), Odesa (by 45.8%, to UAH 27.9 billion) and Donetsk (by 35.6%, to UAH 10.1 billion) regions.

A decrease in the volume of completed construction work was recorded in such regions as: Kirovohrad (by 35.9%, to UAH 1.36 billion), Kherson (by 34.9%, to UAH 1.24 billion), and Zaporizhia (by 32.2%, to UAH 2.72 billion), as well as in other regions. In Kyiv city, the indicator decreased by 2.2%, to UAH 42.8 billion.

UKRAINE TO FINANCE CONSTRUCTION OF BRIDGE TO MOLDOVA – ZHOVKVA

Ukraine will finance the construction of a bridge across the Dniester River, which will become part of a new highway connecting Kyiv and Chisinau, said Ihor Zhovkva, Deputy Head of the Office of the President of Ukraine.
“One of the projects that we will start immediately will be the construction of a bridge across the Dniester River in the Yampil-Kosuets region, and a corresponding highway that will connect Kyiv and Chisinau. And not just connect, but will allow almost to get by car from Kyiv to Chisinau across the new bridge in five hours. Funding for the construction of this bridge will be carried out at the expense of the state budget of Ukraine. I note that the construction of the entire bridge is carried out at the expense of Ukraine,” said Zhovkva in an interview with TSN, published on Monday.
According to him, Ukravtodor is already working on the appropriate regulatory framework for this funding.
“Also, Ukraine will complete a part of the highway from Kyiv directly to the bridge. Most of it has already been built, restored or reconstructed … Moldova, for its part, will complete its own part of this highway. And, again, they have already built a part of this road. Therefore, this is an absolutely realistic project with realistic financing. The only thing left to do is to complete it. The Ukrainian and Moldovan sides have received the corresponding instructions from the two presidents,” Zhovkva said

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UKRAINE TO FINANCE CONSTRUCTION OF BRIDGE TO MOLDOVA

Ukraine will finance the construction of a bridge across the Dniester River, which will become part of a new highway connecting Kyiv and Chisinau, said Ihor Zhovkva, Deputy Head of the Office of the President of Ukraine.
“One of the projects that we will start immediately will be the construction of a bridge across the Dniester River in the Yampil-Kosuets region, and a corresponding highway that will connect Kyiv and Chisinau. And not just connect, but will allow almost to get by car from Kyiv to Chisinau across the new bridge in five hours. Funding for the construction of this bridge will be carried out at the expense of the state budget of Ukraine. I note that the construction of the entire bridge is carried out at the expense of Ukraine,” said Zhovkva in an interview with TSN, published on Monday.
According to him, Ukravtodor is already working on the appropriate regulatory framework for this funding.
“Also, Ukraine will complete a part of the highway from Kyiv directly to the bridge. Most of it has already been built, restored or reconstructed … Moldova, for its part, will complete its own part of this highway. And, again, they have already built a part of this road. Therefore, this is an absolutely realistic project with realistic financing. The only thing left to do is to complete it. The Ukrainian and Moldovan sides have received the corresponding instructions from the two presidents,” Zhovkva said.

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VOLUME OF CONSTRUCTION PRODUCTS PRODUCED BY TYPE IN JAN-NOV OF 2020 (MLN UAH)

Volume of construction products produced by type in Jan-Nov of 2020 (mln UAH).

SSC of Ukraine

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