12:16 20.12.2017

Infrastructure ministry to focus on privatization, attraction of investors, digital infrastructure in 2018

Infrastructure ministry to focus on privatization, attraction of investors, digital infrastructure in 2018

Ukraine's Infrastructure Ministry will focus on privatization, attraction of international investors and the introduction of digital infrastructure in 2018, Minister Volodymyr Omelyan has said in an interview with Interfax-Ukraine.

"As for minor issues, but they are still important, these are transparent staff appointments, upgrade of teams for those strategic directions where it really requires, first of all, in railways, and roads – they are to be built," the minister said.

He pointed out the moves in the issues of roads, the Ukrainian Sea Port Authority and Ukrposhta.

"There is a problem with railways. I think that the company that forms 5% of the country's GDP must operate like Swiss watch. Now this watch is in a private collection," Omelyan said.

He also said that there are many interesting projects that could be launched in the coming year.

"Glorious victory is ahead – construction of the Beskyd tunnel, which would at least double the capacity of railways in this direction. We continue working on the attraction of global investors, in particular, for modernization of Ukrzaliznytsia's rolling stock. Ukrzaliznytsia has finally reached a consensus for key conditions of long-term partnership with U.S. General Electric," he said.

The minister said that next year the company will supply 30 locomotives under the rolling stock renewal program and pointed out the importance of the fact that this is production in Ukraine.

"The Canadian company Bombardier and the French Alstom are also interested in the development of projects for the construction of locomotive traction in the country. Negotiations with Germany on the transfer of used diesel trains continue, which will allow us to fully update the rolling stock used on non-electrified sections of suburban trains… Believe me, the used German trains are times better than those we have today even after the modernization," Omelyan said.

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