Ukraine’s TEN-T projects valuated at EUR 4.5 billion

Under the “Drive Ukraine 2030”, the National Transport Strategy for the period up to 2030, 39 infrastructure projects are included in the Indicative TEN-T Investment Action Plan. The total value of the projects is EUR 4.5 billion and are co-financed under mixed funds, from the European Investment Bank, the World Bank and PPPs. “The plan was prepared by the European Commission and the World Bank for the development of transport links in the Eastern Partnership region. We have developed it with the support of European partners and will implement it together”, said Volodymyr Omelyan, the Minister of Infrastructure, during a meeting with Hugues Mingarelli, the EU Ambassador to Ukraine.
The Indicative TEN-T Investment Action Plan for Ukraine highlights 9 railway projects with a total value of EUR 851 million, that involve 530 km of railway lines.
Ukraine is already included in the Trans-European Transport Network and is becoming an important participant in the development of the Europe-Asia transport corridor. “For the first time, the Ukrainian transport network is becoming a part of the strategic transport and logistics corridors of the European Union. The implementation of the Indicative TEN-T Investment Action Plan will significantly deepen the European integration of Ukraine and become in future an integral part of the pan-European transport network,” the minister said.
The minister said that the European Union will support Ukraine in the implementation of the National Transport Strategy until 2030.
“Together with the Minister, we are engaged in the implementation of the National Transport Strategy, which was adopted several months ago. As for the project we talked about, this project is one of those tools that will ensure a more effective implementation of the National Transport Strategy. We are talking about those tools that will help the Ministry to better select, prepare and implement transport projects,” the EU Ambassador to Ukraine said.

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