Chinese company to update Ukrainian highways| MENAFN.COM

Tuesday, 16 August 2022 04:26 GMT

Chinese company to update Ukrainian highways


(MENAFN) The private company Xinjiang Communications Construction Group Co. Ltd has signed two deals with the Ukrainian road agency Ukravtodor on renovating highways in western and central Ukraine.

The first agreement of the 95m USD deals, predicts that the Chinese company will be in charge of the renovation and the road safety improvement works from western to central Ukraine.

The other agreement instructs that the company will perform a huge renovation and a pothole mend on many parts of the highway that links the Ukrainian capital with Russian border.

The International Bank for Reconstruction and Development is the funding source of the two projects, which will be executed next near.



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