Business news from Ukraine

UKRAINIAN MINISTRY OF INFRASTRUCTURE SUPPORTS STATE INVESTMENT IN RUNWAYS OF REGIONAL AIRPORTS

5 May , 2018  

The Ukrainian Ministry of Infrastructure considers it necessary to invest in the construction and repair of runways at regional airports, Ukrainian Minister of Infrastructure Volodymyr Omelyan has said on the air of Channel Five. “A lot of airlines are ready to enter Ukrainian regional airports, but there are no conditions for that. There are no runways, there are no terminals that would accelerate servicing, while this is one of the key issues for low cost air carriers. Therefore we must invest in the runways as a state to get a highly competitive market and business for the state as well,” he said.
According to Omelyan, the development of airports will ensure a quick return on investment. Earlier, the minister said that the reconstruction of the airport in Odesa is to be completed in 2019. It is also planned to additionally allocate UAH 1.17 billion for the construction of a runway at Odesa airport. According to the Ministry of Infrastructure, the construction of a new runway will allow Odesa airport to accept heavier aircraft, including Boeing-767, which, in turn, can double passenger traffic.

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