US$32.65bn needed for Ukraine road upgrades
First publishedon www.WorldHighways.com
Ukraine’s Shulgin State Road Research Institute (DNDI) said US$32.65billion (UAH 264bn) needs to be spent on the country’s roads from 2013-2018.
Within the overall figure, DNDI said US$13.22billion (UAH 108.3bn) should be allocated on maintenance and current repair, US$11.83billion (UAH 96.89bn) on construction and reconstruction of 2,200km of highways, and US$2.35billion (UAH 19.27bn) on overhaul.
Ukraine has been widely said to be a challenging market for international construction industry companies.