Business news from Ukraine

UKRAINE ATTRACT ITALFERR FROM ITALY TO DESIGNING FEASIBILITY STUDY FOR HIGH-SPEED ODESA-KYIV-LVIV TRAINS

31 January , 2018  

Ukraine jointly with Italy starts designing a feasibility study for the introduction of high-speed train movement in Ukraine, the press service of the Infrastructure Ministry of Ukraine has reported after a meeting Minister Volodymyr Omelyan with President of Italferr Riccardo Maria Monti on Tuesday.
The press service said that Omelyan said that the introduction of high-speed train movement in Ukraine is a mega infrastructure project of national scale.
“This a mega project, the implementation of which would not only change the railway sector, but would influence the economic state of some regions, significantly expand the capacities of existing production spheres and launch new ones. Today, jointly with Italian partners we are making a first step on this way,” the minister said.
He pointed out the importance of the fact that Italferr, part of the Italian State Railways Group, has experience of over 30 years in its sector.
“We are attracting Italferr to the designing of the feasibility study for the Odesa-Kyiv-Lviv European route. The achievements of the company are large infrastructure projects for conventional and high-speed railway sectors both in Italy and other countries. It is important that we start changes in Ukraine with support of the leading European company,” the minister said.