The Government of Ukraine approved the Plan for implementation of top-priority investment projects of PJSC Ukrzaliznytsia for 2018 and commissioned to urgently submit the financial plan of the company for the next year to the Cabinet of Ministers for further consideration. A respective decision was taken at the Government session.
The abovesaid investment projects seek to increase cargo turnover, construction of new freight wagons, development of railway infrastructure for strengthening export potential of Ukraine. The plan for the next three years provides for a comprehensive modernization of Ukraine's largest rail carrier
The government officials also gave their backing to the proposal aired by the line Vice Prime Minister of Ukraine Volodymyr Kistion to consider and approve the Strategy for the development of Ukrainian railways at the beginning of next year.
The Vice Prime Minister emphasized another essential issue is to form shortly an independent Supervisory Board of PJSC Ukrzaliznytsya, which together with the company management will efficiently work and develop the railway infrastructure in the country.