Volodymyr Groysman pledges Road Fund being new financing tool to start operation January 1 2018

Starting from January 1, 2018, the Road Fund is to trigger in Ukraine, becoming a new effective tool for financing road construction and overhaul activities the amount of which is to soar. This was announced by Prime Minister of Ukraine Volodymyr Groysman during A Question Time for the Government at the Verkhovna Rada.

“From January 1, 2018, the Road Fund will start operation as a new funding tool. The quantity of financing will grow. This year we have about UAH 30 billion available for major road repairs, and next year it will make up over UAH 42 billion,” said the Head of Government, “We should accelerate the speed of major repairs."

The Head of Government reminded that in the structure of spendings for roads the Government envisaged UAH 4 billion for major repair of a road Lviv – Ternopil – Khmelnytsky – Odessa – Vinnytsia – Uman – Odessa – Mykolayiv – Kherson and UAH 2 billion for the rebuilding of a road Kyiv - Kharkiv – Dovzhansky.

"Back in 2016, I promised that we would commence a large-scale road construction in Ukraine. We have fulfilled the promise and will stop under no circumstances", urged Volodymyr Groysman.