Ukraine's roads benefit from Russian loan

External funding will pay for maintenance and safety upgrades on Ukraine’s road network. A deal was struck between Ukraine’s state highway agency Ukravtodor and the World Bank for a loan to cover the necessary work. The US$450 million loan will provide the financing required for Ukraine’s Federal programme of road improvements. Surface quality and safety upgrades will be carried out on a series of major road links, with the Kiev - Kharkov highway section between Lubny and Poltava having been identified as a

Official estimates suggest that 70% of Ukraine’s highways require capital repairs. Meanwhile, 50% of the country’s highways (80,000km) of highways are in a poor condition. Roads have been made worse by recent bad winter weather. According to Ukraine’s state body Ukravtodor, traffic volumes have also increased 5%/year for the last five years, making the problem worse. And Ukravtodor says that repairs to Ukrainian highways will cost not less than €59.5 billion. Meanwhile Ukraine’s design institute Kievsoyuzdo

The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.