Ukraine and the World Bank have completed the Second Road Improvement Project for $450M.

 In the framework of the agreement with the International Bank for Reconstruction and Development (IBRD), Ukraine has implemented the “Second Road Improvement and Traffic Safety Project, as reported by the Ministry of Finance. As a result, about 108 km of the M-03 highway linking Kyiv, Poltava, and Kharkiv were reconstructed. In addition, reconstruction and strengthening of the existing road, expansion of sections from two to four lanes and construction of three settlement bypass roads were carried out.