Turkey's companies are increasingly involved in the Ukrainian infrastructures' development.
The State Agency of Automobile Roads of Ukraine (Ukravtodor) has announced its intention to overhaul 40 km of the M-05 Kyiv-Odessa road at the expense of funds from international financial organizations, ONUR Taahhut Tasimacilik Insaat Ticaret Ve Sanayi A.S., based in Turkey, was determined as the contractor with a contract signed for the amount of Euro 65.033 million (excluding VAT).
The agency announced the reconstruction of the road section (km 87+442 – km 128+028) will be carried out as part of the project for improving the transport and operational condition of roads on the approaches to Kyiv, which is implemented for credit funds of the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD). According to Ukravtodor, in particular, the matter concerns three facilities where road, bridge, drainage and other works will be carried out.
Business News Odessa Ukraine
