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

  • US infrastructure: once in a lifetime
    April 23, 2021
    Expectations are sky-high for Amtrak Joe and Mayor Pete as they use infrastructure spending to rebuild the US economy post-Covid – and ITS firms should be able to get a share...
  • Stage is set for ITS America Annual Meeting
    May 18, 2012
    ITS America has announced that on Monday it will hold a key discussion event concerning intelligent transportation and its role in helping to solve America’s infrastructure crisis with national leaders including Ursula Burns, chairman and CEO of Xerox; Chris Vein, deputy White House chief technology officer; Robert Brown, Ford Motor Company’s VP of sustainability, environment and safety engineering; and Martin Thall, Verizon’s VP - telematics. This is just one of numerous sessions examining ways to bring in
  • Armenia chooses Sensys traffic monitoring technology
    April 19, 2012
    Sweden-headquartered Sensys Traffic working in a consortium with Armenian companies Security Dream and Ellips GA and has announced that Security Dream has signed a build-operate-transfer contract with the Armenian police force for a national traffic monitoring system for 25 years.
  • Toll plaza conversion will reduce congestion on I-95
    April 17, 2012
    In an effort to reduce congestion in a busy corridor for motorists and commercial freight carriers, Delaware Department of Transportation (DelDOT) appointed TransCore as the lead integrator on a project to convert the Newark Toll Plaza on I-95, adding two new electronic highway speed lanes on both the north and south bound plazas. Plaza throughput is now about to jump from 250-300 transactions per lane per hour to an estimated 2,000. The US$32 million “shovel ready” project was fully funded through the Amer