EXPERTS TOLD WHERE THE GOVERNMENT SHOULD TAKE FUNDS FOR INFRASTRUCTURE DEVELOPMENT

Experts in the infrastructure industry appealed to the new government with a proposal regarding the development and sources of financing of the infrastructure of Ukraine.

Experts analyzed each infrastructure sector and calculated what amount of investment each of them needs, and also found sources for their financing.

Volodymyr Shulmeister, director of the UIF programme “Infrastructure of the future”, chairman of the NGO “Infrastructure Council”, spoke about this on Monday, September 9, in the news agency Interfax-Ukraine at the press conference: “How the government can save 120 billion USD per year. Quick wins for Ukraine in infrastructure: railroad, sea, river, road and air transportation”.

“It is important to allocate 100 billion UAH annually for the development of roads. On the development of air transportation – 12 billion UAH per year. The river transportation basically doesnʼt work today. The infrastructure alone needs 500 million UAH of investment to make it work. These funds are needed for dredging and water gates. It is necessary to allocate 25 billion UAH for the marine industry for dredging and berthing walls. The railway needs more than 70 billion UAH annually just to remain in the same condition it is in now and not to have setbacks.

Another question is where to get these funds.

Vladimir Shulmeister,  the head of the program “Infrastructure of the future” in the analytical center “Ukrainian Institute for the Future” (UIF)

Yaroslav Pylypchuk, expert in economic analysis and transport infrastructure of the Ukrainian Institute for the Future (UIF)