Ukrainian government to set up road fund with UAH 14 bln budget

14:32, 31.08.2016 1 min read

Ukraine's Prime Minister Volodymyr Groysman has stated the need for setting up the State Road Fund with a budget of UAH 14 billion.

"People say what they actually feel, that road repairs in Ukraine are being conducted in very different way, with increased volumes, and this is only the beginning. The new Road Fund for road construction will have more than UAH 14 billion, but the most important thing is that we will attract money from international financial organizations for these projects that will give the opportunity to significantly increase funding for roads compared even with this year," the premier said at a cabinet meeting in Kyiv.

Groysman also noted road repairs are not only an important infrastructure project but also means of creating jobs.