Shmyhal: We have taken important step towards construction of toll highway in Ukraine

Prime Minister Denys Shmyhal stated this during the signing of the Memorandum on the preparations of proposals for public-private partnership on the project of construction and operation of the road on the route Krakovets-Brody-Rivne, Ukrinform reports referring to the Government portal.

“According to Denys Shmyhal, such a step will allow Ukraine’s State Agency of Automobile Roads to announce an open tender in the near future to select a private investor for the construction of the road on this route (except for the Northern bypass of Lviv),” reads the report.

The Prime Minister stressed that the use of the public-private partnership mechanism will make it possible to more actively attract investment in the development of a quality road network in Ukraine. The construction of roads with the involvement of a private investor will not only create new jobs and promote economic development, but it will also make roads comfortable and safe for Ukrainians in the long run.

Shmyhal also said he hopes that in a few years a modern highway of the first category will connect the capital of Ukraine with the countries of the European Union.

As reported, Ukravtodor intends to rehabilitate 20% of Ukraine's main road network as part of the Great Construction project in 2021. Ukravtodor considers the possibility of attracting additional financial sources for this purpose. In particular, such sources include public-private partnerships.

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