(MENAFN- UkrinForm) Kyiv authorities have signed an agreement on cooperation in the construction of the fourth subway line in Kyiv with a Chinese consortium, which includes China Railway International Group and China Pacific Construction Group.
This was stated by Kyiv Mayor Vitali Klitschko, an Ukrinform correspondent reports.
"We have signed a cooperation agreement with representatives of China Railway International Group and China Pacific Construction Group, and this agreement means that it is an investment and the implementation of the work of the fourth line of the Kyiv subway, which will connect the two banks [of the Dnipro River], from Zhuliany to Troyeshchyna through the Podilsko- Voskresensky Bridge. This line should be built within four or maximum five years," Klitschko said.
According to him, the project is estimated to be worth about $2 billion. "The length of this line is 18 kilometers. It is planned to build 13 subway stations. This is the largest investment project that has been implemented in Kyiv in recent years. These corporations have extensive experience in implementing such large-scale projects. I hope that in the next two weeks we will be able to get the final contract, the signing of which will be a starting point for the launch of the project," the mayor said.
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