Business news from Ukraine

UKRAVTODOR TO PREPARE STRATEGY OF ROAD DEVELOPMENT FOR 2017-2019 IN SEPT

1 September , 2016  

KYIV. Sept 1 (Interfax-Ukraine) – The State Agency of Automobile Roads of Ukraine (Ukravtodor) jointly with international financial organizations and other institutions is developing a strategy of the road sector development for 2017-2019, agency acting head Yevhen Barakh has said at a press conference in Kyiv.

“Today we are at the stage of preparation for the development strategy for the next three years. Jointly with the World Bank experts, the Ministry of Infrastructure, the Ukrainian Cabinet of Ministers we will prepare this strategy by September,” he said.

According to Barakh, Ukravtodor has already formed the vision of this strategy: in the next three years it is needed to focus on the east and south of Ukraine.

“In addition, we look forward to a number of draft laws, in particular for the creation of the road fund. This also concerns the laws on decentralization and a transfer of roads to the local level,” Ukravtodor said.