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

  • New York issues request for private firms to operate parking meters
    June 13, 2012
    New York City officials have this week launched a request for qualifications for possible private firms to operate parking meters in the city. The meters cover over 80,000 parking spaces in five boroughs. Spokesperson for the city's mayor, Julie Wood, said that the privatisation would allow for innovative methods to improve quality and efficiency of the city's parking services. She added that the city will proceed cautiously with the plan, stating that any possible deal would see the city maintaining full c
    Read More
  • Congestion charge proposed for Budapest
    May 18, 2012
    The Mayor of Budapest, Istvan Tarlos, has announced that he is planning to introduce congestion charges in the Hungarian capital. The extra funds raised through the measure would be spent on the improvement of public transport services and on providing financial support for the city's public transport firm BKV.
    Read More
  • Orange County to manage traffic with trial interoperable CCTV
    September 12, 2014
    Interoperable CCTV can provide early warning of problems and help improve traffic management and incident response as Morteza Fahrtash and Carlos Ortiz explain. California’s transportation system is one of the state’s defining features and Caltrans (California Department of Transportation) strives to improving mobility across the state through the design, construction, operation and maintenance of the network of highway, freeways, toll roads and expressways.
    Read More
  • UK to tackle US$1.6 billion cost of motorway closures
    April 25, 2012
    A UK government strategy to tackle congestion caused by motorway closures and drive down the £1 billion (US$1.6 billion) annual cost to the economy has been unveiled by Roads Minister Mike Penning, who also announced the launch of a £3 million ($4.87 million) fund for police forces to purchase laser scanning technology to speed up of the investigation process and incident clear up times.
    Read More

Highlighted Content