Business news from Ukraine

UAH 85 BLN AND UAH 22 BLN TO BE ALLOCATED FOR UKRAINIAN STATE AND LOCAL ROADS RESPECTIVELY

2 May , 2020  

President of Ukraine Volodymyr Zelensky has said how it is important to continue to build the roads in Ukraine.
“I want to stress on how important to warm up our economy and give it an impetus after quarantine. That is why the Big Construction Program continues. In 2020, we will allocate UAH 85 billion to state roads and UAH 22 billion – to the local roads,” Zelensky said in a video address to Ukrainians on April 30.
According to him, this will help create thousands of jobs in all regions of our country.
Zelensky noted that on April 30 the issue of providing Ukravtodor with the first tranche from Ukreximbank to upgrade the roads was resolved.
“At the same time, schools, kindergartens and more than two hundred admission departments in supporting hospitals are of our top priority,” he said.