Five projects for the construction of highways attract the interest of investors.

 Ukraine is actively looking for ways of effective cooperation between business and the state. Speaking at the Kyiv International Economic Forum, the Prime Minister, Denys Shmyhal, said, “Next year, I assure you, we will construct the first autobahn from Krakovets to Lviv and Rivne. We already have the next 5 projects for the construction of highways, which are attractive to investors,” said Shmyhal.

Executives from Bechtel, the largest American construction company, were briefed yesterday by Infrastructure Minister Vladyslav Krikliy about public private partnerships to build highways in Ukraine.

“We plan to attract in the medium term more than $9 billion in private investment to restore and maintain more than 4,500 kilometers of state roads,” Krikliy said of the program developed by the World Bank and Ukravtodor, the highway agency. Attending for Bechtel were: Justin Sieberell, regional president for Europe and Middle East, and Andrew Patterson, global manager for business development.

A public-private partnership proposal is being prepared for the 280 km stretch of the E-40/M-10 from Rivne to the border with Poland, at Krakovets, Lviv region.

The goal is to hold a tender next year to rebuild the highway.  This work should cut the drive time to 2.5 hours, from four hours today. Ukravtodor and construction giant Avtomagistral-Pivden signed a memorandum to prepare the proposal. Ukravtodor’s Kubrakov wrote on Telegram: “It should be a modern European road that will connect the capital of Ukraine with major European cities.”