News

6 March 2018

Increased Investment in Ukrainian Roads Over Next Two Years

Polish construction firm Mirbud is due to sign contracts worth in excess of €50 Million Euros with the State Road Agency of Ukraine (Ukravtodor) to build new roads in Ukraine.

The firm has recently entered the Ukrainian market and has over thurty years experience in road way and muncipal project construction. In a statement released by Director of Mirbud S.A (development in Eastern markets), Marek Gola stated "At the initial stage, Mirbud will focus on engineering and road construction in Ukraine. Our specialised technical staff allows us to consider expanding activities in Ukraine to other segments of construction including the construction of municipal buildings'.

He went on to say that their new contracts will not interfere with existing work done by Ukrainian road builders as there is enough work "for at least the next decade" he said as nearly 90 percent of existing Ukrainian roadways require work.

This comes at a time when State Road Agency of Ukraine are tightening procedures for selecting road contractors. New requirement including building to FIDIC conditions, something that Mirbud is already doing.

Over the coming months Mirbud plan on submitting numerous tenders for roadway projects in western and central areas of the country. They have set up a head office in Kyiv city and first works are expected to commence in 2019.

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