The State Agency of Automobile Roads of Ukraine (Ukravtodor) is negotiating with the World Bank to raise a loan to finance the construction of the northern bypass road near Boryspil.

According to the press service of the agency, this project provides for the construction of a new section of the road with a length of 3 km, the reconstruction of the existing road 12 km long to category 1-A.

The new roundabout way of about 15 km will allow completely freeing Boryspil from transit traffic, providing convenient access from Kyiv along international highway M-03/E-40 towards Poltava and along national road N-08 in the direction of Kremenchuk and Cherkasy. Time saving will be up to 30 minutes on each trip compared to the time that drivers spend on following the main street of Boryspil-Kyiv Way (Kyivsky Shliakh).

"The M-03 route is one of the most important corridors for domestic and international transportation. Now the section of the road running through Boryspil is one of the busiest roads in the country with a traffic intensity of more than 30,000 cars a day. The construction of a new bypass road will significantly improve the environmental situation in the city, make travel around the city more convenient, and also significantly reduce the number of accidents," Ukravtodor head Slavomyr Novak said.