Ukraine expects to raise investment from Chinese Bank for Reconstruction and Development to build part of orbital road around Kyiv, says government
December 01, 2008 at 13:24 | Interfax-UkraineThe head of the State Road Administration (Ukravtodor), Vadym Hurzhos, said at a meeting on the development of road infrastructure attended by Ukrainian Premier Yulia Tymoshenko that the cost of building the first part of the orbital road in 2008 prices would be at leastHr 25 billion.
"We're in talks with international finance organizations. Recently a cabinet delegation was in China. We have an agreement, and we expect a delegation from China and Chinese Bank for the Reconstruction and Development with the most powerful company of China - China Road and Bridge Corporation - to visit us and sign all the required documents to build the part of the road," he said.
He said that similar talks are being held with other construction companies, including ones from France.