Skip to main content

Ukraine to seek investor for metro construction

The Kiev City State Administration (KSCA), in the Ukraine, is intending to attract private investors to build a metro line to Troyeshchyna housing estate. The relevant memorandum of understanding was signed at the I Kiev Investment Forum last week between the KSCA and the National Agency for Investment and Innovation, which will seek investors.
April 3, 2012 Read time: 1 min
RSSThe Kiev City State Administration (KSCA), in the Ukraine, is intending to attract private investors to build a metro line to Troyeshchyna housing estate. The relevant memorandum of understanding was signed at the I Kiev Investment Forum last week between the KSCA and the National Agency for Investment and Innovation, which will seek investors.

In 2012-2017, it is planned to build 12 metro stations, including two interchange stations. The project cost is estimated at US$1.39 billion. Along with financing, the chosen investor will be invited to construct, purchase equipment and manage the project.

Related Content

  • February 6, 2015
    Bogotá sets tentative timeline for metro tender
    Bogotá mayor Gustavo Petro has announced that a tender for the Colombian capital's Line No. 1 metro project, which has been in the planning for a decade, could be issued by July. However, the final timeline for bidding will depend on whether the city is first able to line up financing for the project, the mayor added, according to local press reports. Building the metro line is expected to cost US$7.5 billion, or about double the previous estimates. In its current form, the metro line will extend some
  • March 25, 2015
    Kenya plans road toll tenders
    Kenya plans to start tendering in May for toll-road contracts estimated by the government to be worth $2 billion to improve the efficiency of the East African nation’s biggest commercial routes, according to Bloomberg. The contracts will be in addition to the 45 deals worth about US$3.2 billion that the government will start awarding as early as next week, to double the nation’s paved-road network through an annuity program. The government is planning to introduce five toll projects covering about 800 kilom
  • July 4, 2012
    Meeting the challenges of smartcard fare payment
    David Crawford monitors a growing trend in contactless smartcard ticketing The north east United States has become a hive of activity in the smart fare payment arena. In October 2011, the New York Metropolitan Transportation Authority (MTA) published, as a preliminary to an imminent procurement process, the detailed concept of its New Fare Payment System (NFPS). Based on open payment industry standards, this is designed to be implemented on all MTA bus and subway services operated by New York City Transit (
  • April 17, 2012
    Strategic road deals across India
    A series of key highway projects will help transform India’s internal links as well as its connections to neighbouring nations. A new US$1.2 billion highway in India running through Ahmedabad-Udaipur-Kishangarh through the states of Gujarat and Rajasthan is attracting strong interest. So far 11 bids have been made including offers from a consortium comprising Belford-GVK, Soma-Isolux, Vince-Hindustan Construction, IRB Infrastructure (IRB)-Reliance Infra and Plus-Nagarjuna Construction. Other bidders include