European Commission plans to allocate 4.5 billion euros for the Drive Ukraine 2030 strategy

European Commission plans to allocate 4.5 billion euros for the Drive Ukraine 2030 strategy

39 infrastructure projects encapsulated in Drive Ukraine 2030 strategy are included in Indicative trans-European Transport Network Investment Action Plan

On January 18, 2019, the Minister of Infrastructure of Ukraine Volodymyr Omelyan met with the EU Ambassador to Ukraine, the Head of EU Delegation to Ukraine Hugues Mingarelli.

The event was dedicated to the discussion of the EU project “Assistance to the Ukrainian authorities for improvement of the infrastructure cycle management” (IPCM).

The meeting was also attended by First Deputy Minister of Economic Development and Trade of Ukraine Maxim Nefyodov, Deputy Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Lev Partskhaladze, Bernard Semeria, Team Leader of the EU project “Assistance to the Ukrainian authorities for improvement of the infrastructure cycle management”, experts of the Better Regulation Delivery Office (BRDO) and the Support Team for Reforms under the Ministry of Infrastructure.

At the press conference following the meeting, the Minister of Infrastructure the European partners for assistance in the development of Ukrainian infrastructure and expressed his hopes for the continuation of successful cooperation.

"The National Transport Strategy up to 2030 "Drive Ukraine 2030" was approved by the Government last year. We developed it with the support of European partners and will implement it together. 39 Ukrainian infrastructure projects encapsulated  in Drive Ukraine 2030 are included in the Indicative Plan of Trans-European Transport Network (TEN-T). The plan is shaped by the European Commission and the World Bank for the development of transport links in the Eastern Partnership countries ", s Volodymyr Omelyan said.

The Minister emphasized that the participation together with the European Union in the development of TEN-T by 2030 and  implementation of Drive Ukraine 2030 will give an opportunity to put into practice European quality of infrastructure and make Ukraine an integral part of the EU transport and logistics system.

"According to the project of the European Commission, a sum worth € 4.5 billion will  be provided for these projects. This is a mixed financing: funds of the European Investment Bank, World Bank, public-private partnership ", Volodymyr Omelyan added.

Commenting on the results of the joint meeting, Volodymyr Omelyan noted that the approaches to infrastructure cycle management should be in line with the European standards.

"In order to support transformations being implemented  in Ukraine, the European Commission has launched a technical assistance project designed to support the rehabilitation of the Ukrainian transport network. One of the main planned results of this project is the development of a Complex Action Plan for reforming the infrastructure projects cycle management which will cover the legislative, administrative, operational, financial, and organisational issues.Thus, we do not only jointly with the EU implement the infrastructure projects in Ukraine, but also change the approaches to project management into European ones, "the Minister of Infrastructure  said.

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