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13 July 2012

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.

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Shulgin State Road Research Institute
www.dorndi.org.ua
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