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4 February
, 2012,04:29


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News / 24 April 2009 | 12:00

Ukraine needs 127 years to repair roads


In order to make total reparation of all Ukrainian roads, under conditions of current financing, it will take at least 127 years. The chairman of the State road service of Ukraine “Ukrautodor” Vadym Gurjos said that yesterday, the ForUm’s correspondent informs.

According to him, for today in order to repair 1 km of road, $1 million is necessary. Taking into account that 75% of roads are necessary to reconstruct totally, the whole amount will make approximately $ 127.5 billion.

“Taking into consideration that about $1 billion is allocated for road reconstruction annually, then it will take 127 years to repair all road net in Ukraine,” he said.

According to Gurjos, the solution of this problem can be found if financing sources are increased and investments are attracted.

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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”
10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012
13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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