October 31, 2019 in the presence of the Minister of Infrastructure, Vladyslav Kryklii, between the State Agency of Motor Roads of Ukraine and Poly Changda Overseas Engineering Company Limited of China a memorandum of cooperation was signed in the framework of the first turn of the construction of the Outer Ring Road of Kyiv “Transport communication connecting M-05 Kyiv-Odesa and M-06 Kyiv-Chop.
Vladyslav Kryklii stressed that the signing of the Memorandum is an important stage of cooperation to launch the construction of the ring road of Kyiv.
“Our objective is to achieve growth of 40% in the country's economy throughout 5 years, and for this purpose we should trigger large-scale construction throughout the country. Any infrastructure project generates positive impact. Every dollar invested today will earn plus $2 for the national economy. We are happy that Poly Changda Overseas Engineering shares our huge investment plans, and especially in such important projects as the Outer Ring Road of Kyiv. Ukraine has not yet had the experience of concession roads, so it is critical to start such projects with large reliable strategic partners. I believe that our shared experience will be positive and we will complete all the necessary preparatory technical and economic calculations rather fast and embark on construction activities the next year,” summed Vladyslav Kryklii.