Betomix concrete mixing plant empowers the development of the Ukrainian highway industry
Mar 11, 2020
Ukraine's economy is in a transition phase. Driven by the strong reforms of the new government, the economy grew 3.6% in the first half of 2019. With the growth of the economy, the demand for high value-added products will become higher and higher; because of the need to comply with international standards for the transportation of goods, road transport is increasingly becoming the main mode of transport of goods within Ukraine and between neighboring countries. However, the poor state of the Uzbekistan Highway has severely damaged its value performance in the comprehensive Eurasian trade and logistics network. Half of its 169,500 kilometers of roads have been severely damaged and urgently need major repairs.
To this end, the Ukrainian government started a five-year plan from 2018 with an investment of US $ 11.3 billion for the upgrading and reconstruction of the national highway network, including 9,100 kilometers of road repairs and 1,000 kilometers of new roads. Since then, Ukrainian road passenger and freight transportation quality and safety standards have begun its journey in line with international standards, creating a favorable and stable development environment for its domestic investment environment, industrial output value and employment rate.
In addition to the highway industry, Ukraine has 15 additional airports, and at least 5 ports need to be upgraded. River transport must also be developed to cover high-speed networks throughout the country. Ukraine, as the crossing point of the Eurasian trade channel, connects East and West, and is a gateway or bridge to all directions; this makes Ukraine also actively respond to the "Belt and Road" initiative, and the Ukrainian Highway Bureau has signed with Chinese companies A number of highway construction contracts.
"If you want to be rich, build the road first" Ukraine today is practicing this Chinese saying, and behind this is the trend of sustainable and mutually beneficial development. Liebherr is happy to help a cause with long-term goals and a pioneering spirit like this!
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