To promote private investment in Ukraine’s sea ports, the Ukrainian Sea Ports Authority plans to focus on dredging and allow companies build and maintain berths through concessions.

 With each berth costing $20-50 million to build, the state-owned authority does not have the capital to meet demand, Andriy Gaydutsky, chair of the Authority’s supervisory board, told the Ukrainian Ports Forum 2021 in Odesa yesterday.

With the EBRD loaning €450 million for the renovation of the southern half of the Kyiv-Odesa highway and the Lviv northern bypass, the multilateral bank and Ukravtodor are implementing EU-standard anti-corruption standards,

Ukravtodor Chairman Oleksandr Kubrakov said during a recent meeting with Matteo Patrone, the EBRD’s regional director. “Together with the EBRD we plan a number of systemic reforms in the industry: from improving the procurement process to taking into account modern safety and environmental requirements,” Kubrakov said. “Already in 2021 Ukravtodor will work out world practices of road project management in its own work.”

With Big Construction needing at least $1 billion in additional funding this year,

one goal of the EBRD-Ukravtodor partnership is to create by this summer a joint stock company within Ukravtodor capable of generating capital by issuing infrastructure bonds. With international demand strong for Ukraine hryvnia bonds, planners believe foreign demand could extend beyond paying for international highways to pay for regional roads. Last year, the Cabinet of Ministers extended $840 million in state guarantees to Ukravtodor. The agency sold $500 million worth of bonds to three state banks – Ukreximbank, Ukrgasbank, and

Work is to start this summer on the first two sections of the 150 km Kyiv Ring Road

, Ukravtodor reports on Facebook. Of the six sections planned, the two priority sections add up to 43 km and will designed to link three highways west and south of Kyiv – the M-07 Kyiv-Kovel, the M-06 Kyiv-Chop; and the M-05 Kyiv-Odesa. By intercepting traffic 25-30 km west of Kyiv’s current circle road, planners hope to cut the flow of trucks into Kyiv. Ukravtodor writes: “In 4 years, we have the opportunity to complete the [Ring Road] completely and unload

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.”

Ukravtodor is protesting an arbitration decision ordering it to return €10.3 million to a Chinese company, Sinohydro,

for ending a contract to build the northern bypass of Zhytomyr on the M-06. Six months ago, Ukravtodor ended the contract, charging that the Chinese company completed 49% of the project, far short of the 80% due at the time. Yesterday, Ukravtodor complained on Facebook that Mahadev Gopinat, the arbitrator for International Association of Consulting Engineers, lives in South Africa and never visited the Zhytomyr project.