The planned construction of the Lviv-Krakovets highway should be the first road concession in Ukraine, Slawomir Nowak, head Ukravtodor, the state agency of automobile roads of Ukraine believes.
“We have two proposals for construction of highways on concession terms. The first one, which is very important for the country’s economy, is part of the Gо Highway international corridor: the Krakovets-Lviv road. It could become the first motorway concession in Ukraine. However, legislation on concession needs to be amended for the project implementation,” he told reporters.
The second offer, according to the Ukravtodor head, is the construction of a new motorway Kyiv-Bila Tserkva. The existing road has exhausted its capacity and cannot provide ever-increasing traffic in this direction. The new road will solve this problem.
“An important condition for the implementation of concession for road construction is the traffic intensity of at least 18,000 cars per day of paid traffic. Only then it will become possible to attract bank resources to finance such a project,” the official said.
