{"id":340826,"date":"2021-07-01T12:55:39","date_gmt":"2021-07-01T09:55:39","guid":{"rendered":"https:\/\/eba.com.ua\/?p=340826"},"modified":"2021-07-02T10:49:33","modified_gmt":"2021-07-02T07:49:33","slug":"ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo","status":"publish","type":"post","link":"https:\/\/eba.com.ua\/en\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/","title":{"rendered":"[:ua]\u0423\u043a\u0440\u0430\u0457\u043d\u0430: \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442 \u0442\u0430 \u0456\u043d\u0444\u0440\u0430\u0441\u0442\u0440\u0443\u043a\u0442\u0443\u0440\u0430. \u0422\u0440\u0438\u0432\u0430\u043b\u0438\u0439 \u0448\u043b\u044f\u0445 \u0434\u043e \u0437\u0434\u0456\u0439\u0441\u043d\u0435\u043d\u043d\u044f \u043e\u0431\u0456\u0446\u044f\u043d\u043e\u0433\u043e[:en]Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise[:]"},"content":{"rendered":"<p><\/p>\n<div>\n<p><em><span lang=\"EN-US\">Author: Svitlana Teush, Partner, Redcliffe Partners<\/span><\/em><\/p>\n<p class=\"p1\"><span lang=\"EN-US\">Ukraine\u2019s transport and infrastructure system plays a key role in the country\u2019s economy, particularly with its role in export and trade in the agricultural, industrial, and other sectors. Ukraine is conveniently located on different transport routes. However, it does not fully capitalize on its geographical benefits and does not fulfill its potential as a transit country, as it is not yet well-integrated in international transport networks, lacks modern infrastructure, and has limited market opportunities in certain segments (for example, railway services).<\/span>\u00a0<\/p>\n<\/div>\n<div>\n<p class=\"p1\"><span lang=\"EN-US\">Under the EU-Ukraine Association Agreement, Ukraine has to liberalize the market and increase competition, improve the quality of transport services, implement European technical rules and standards, and develop multimodal, TEN-T-connected networks. The Government approved the National Transport Strategy and subsector-specific strategies and programs. However, implementation is not uniform and needs to speed up to meet the applicable timelines. Progress with the sector reforms so far is largely due to IFIs such as the IFC, the GIF, the World Bank, and EBRD, which have provided technical and financial support, including the creation of the new concession framework and the launch of PPP projects.\u00a0<\/span><\/p>\n<\/div>\n<div>\n<h3 class=\"p2\"><span lang=\"EN-US\">High on the List of Priorities<\/span><\/h3>\n<\/div>\n<div>\n<p class=\"p1\"><span lang=\"EN-US\">Attraction of private investment is among state priorities. Transport and infrastructure projects account for 40% of some 100 priority investment projects shortlisted by the Government for 2021-2023. An unprecedented \u201cBig Construction\u201d program was launched to modernize the country\u2019s infrastructure. Recently, the \u201cOn the State Support of Investment Projects with Significant Investments in Ukraine\u201d Law was adopted, providing for state support to projects which have a total investment value of over EUR 20 million. State support can take different forms, including tax exemption, creation of the supporting infrastructure by the state, facilitation of access to the grid, and granting of preemptive rights to use or own land. The total amount of state support cannot exceed 30% of the investment volume.<\/span><\/p>\n<\/div>\n<div>\n<h3 class=\"p2\"><span lang=\"EN-US\">Pilot Concession Projects Catalyzed by the New Concession Framework<\/span><\/h3>\n<\/div>\n<div>\n<p class=\"p1\"><span lang=\"EN-US\">In 2019, the new, long-awaited \u201cOn Concessions\u201d law was adopted, facilitating the launch of pilot concession projects. The law streamlined tender procedures and improved the balance of responsibilities and increased protections for investors, including the right to select the foreign governing law and to enter into direct agreements. The outlook for bankability of PPP projects has hence been improved. Based on the new framework, the property of state stevedoring enterprises in the ports of Kherson and Olvia was granted as a concession. At an estimated USD 120 million, the Olvia project, implemented by QTerminals, a Qatari company, in the Mykolayiv region, represents one of the largest foreign direct private investments in Ukraine\u2019s history.<\/span><\/p>\n<\/div>\n<div>\n<h3 class=\"p2\"><span lang=\"EN-US\">OPRC to Improve the Outlook for the Road Sector<\/span><\/h3>\n<\/div>\n<div>\n<p class=\"p1\"><span lang=\"EN-US\">In November 2020, the first Road PPP Program was announced, involving long-term (20+ years) output and performance-based road contracts with availability payments to be made from the State Road Fund. Notably, the investors will not have to undertake the traffic risk. Several pilot projects have been shortlisted, with the first tenders expected in autumn 2021.<\/span><\/p>\n<\/div>\n<div>\n<h3 class=\"p2\"><span lang=\"EN-US\">What is Next for the Industry?<\/span><\/h3>\n<\/div>\n<div>\n<p class=\"p1\"><span lang=\"EN-US\">Despite the progress, much work still lies ahead. In the near term, budget laws have to be changed to provide long-term budget commitments for PPP projects and to prioritize the availability payments. With the State Road Fund as an example, other sector-specific funds \u2013 including airports and inland waterways, among other things \u2013 have to be introduced. The landlord port model has to be implemented to enable port authorities to consolidate and grant land and other property within seaports to investors.<span class=\"apple-converted-space\">\u00a0\u00a0<\/span>A new law on railway transport is required to demonopolize the rail market and enable rail carriers, whatever their ownership structures, to provide services and obtain nondiscriminatory access to the rail infrastructure. An independent transport regulator has to be introduced, and systemic capacity-building efforts are needed to improve performance of the public sector.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"p1\"><span lang=\"EN-US\">The regulatory reforms will greatly influence the launch and success of investment projects. Following the pilot concessions, more such projects across different sectors are likely, including concessions for the railway and ferry complex and freight terminals in the Chornomorsk seaport; concession for the passenger terminal in the Odessa seaport; concessions for berths in the Berdiansk seaport; and concessions for railway stations in Kyiv, Kharkiv, Dnipro, and Mykolayiv, among other cities. Certain facilities, including those of several regional grid operators and stevedoring companies, are waiting to be offered for privatization. However, the primary focus and expectation remains on PPP projects as the main instrument of private investment in the sector.<\/span><\/p>\n<\/div>\n<div>\n<p class=\"p1\"><em><b><span lang=\"EN-US\">This Article was originally published in\u00a0<\/span><\/b><\/em><span lang=\"RU\"><a href=\"http:\/\/ceelegalmatters.com\/Magazines\/ISSUE_CEELM_8.3_free.pdf\" target=\"_blank\" rel=\"noopener\"><b><i><span lang=\"EN-US\">Issue 8.3 of the CEE Legal Matters Magazine<\/span><\/i><\/b><\/a><\/span><em><b><span lang=\"EN-US\">.\u00a0If you would like to receive a hard copy of the magazine, you can\u00a0<\/span><\/b><\/em><span lang=\"RU\"><a href=\"https:\/\/ceelegalmatters.com\/index.php\/subscribe?jaredirect\" target=\"_blank\" rel=\"noopener\"><b><i><span lang=\"EN-US\">subscribe here<\/span><\/i><\/b><\/a><\/span><em><b><span lang=\"EN-US\">.<\/span><\/b><\/em><\/p>\n<\/div>\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>Author: Svitlana Teush, Partner, Redcliffe Partners Ukraine\u2019s transport and infrastructure system plays a key role in the country\u2019s economy, particularly with its role in export and trade in the agricultural, industrial, and other sectors. Ukraine is conveniently located on different transport routes. However, it does not fully capitalize on its geographical benefits and does not [&hellip;]<\/p>\n","protected":false},"author":4489,"featured_media":340832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false},"categories":[24,23],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise - European Business Association<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise - European Business Association\" \/>\n<meta property=\"og:description\" content=\"Author: Svitlana Teush, Partner, Redcliffe Partners Ukraine\u2019s transport and infrastructure system plays a key role in the country\u2019s economy, particularly with its role in export and trade in the agricultural, industrial, and other sectors. Ukraine is conveniently located on different transport routes. However, it does not fully capitalize on its geographical benefits and does not [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/\" \/>\n<meta property=\"og:site_name\" content=\"European Business Association\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-01T09:55:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-07-02T07:49:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/eba.com.ua\/wp-content\/uploads\/2021\/06\/Redcliff_Partners_24062021.png\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Katia Chaikovska\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Katia Chaikovska\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/\",\"url\":\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/\",\"name\":\"[:ua]\u0423\u043a\u0440\u0430\u0457\u043d\u0430: \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442 \u0442\u0430 \u0456\u043d\u0444\u0440\u0430\u0441\u0442\u0440\u0443\u043a\u0442\u0443\u0440\u0430. \u0422\u0440\u0438\u0432\u0430\u043b\u0438\u0439 \u0448\u043b\u044f\u0445 \u0434\u043e \u0437\u0434\u0456\u0439\u0441\u043d\u0435\u043d\u043d\u044f \u043e\u0431\u0456\u0446\u044f\u043d\u043e\u0433\u043e[:en]Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise[:] - European Business Association\",\"isPartOf\":{\"@id\":\"https:\/\/eba.com.ua\/#website\"},\"datePublished\":\"2021-07-01T09:55:39+00:00\",\"dateModified\":\"2021-07-02T07:49:33+00:00\",\"author\":{\"@id\":\"https:\/\/eba.com.ua\/#\/schema\/person\/591c0ae4ce3e3490f70325dfb642ac52\"},\"breadcrumb\":{\"@id\":\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/eba.com.ua\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise\",\"item\":{\"@type\":\"WebPage\",\"name\":\"[:ua]\u0423\u043a\u0440\u0430\u0457\u043d\u0430: \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442 \u0442\u0430 \u0456\u043d\u0444\u0440\u0430\u0441\u0442\u0440\u0443\u043a\u0442\u0443\u0440\u0430. \u0422\u0440\u0438\u0432\u0430\u043b\u0438\u0439 \u0448\u043b\u044f\u0445 \u0434\u043e \u0437\u0434\u0456\u0439\u0441\u043d\u0435\u043d\u043d\u044f \u043e\u0431\u0456\u0446\u044f\u043d\u043e\u0433\u043e[:en]Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise[:]\"}}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/eba.com.ua\/#website\",\"url\":\"https:\/\/eba.com.ua\/\",\"name\":\"European Business Association\",\"description\":\"We are looking for proactive business leaders, who shape the investment climate of Ukraine and ready to supervise the work of the largest and the most influential business-community of Ukraine \u2013 European Business Association!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/eba.com.ua\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/eba.com.ua\/#\/schema\/person\/591c0ae4ce3e3490f70325dfb642ac52\",\"name\":\"Katia Chaikovska\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/eba.com.ua\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/59d91c5da250ea725c3c425585ff46fb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/59d91c5da250ea725c3c425585ff46fb?s=96&d=mm&r=g\",\"caption\":\"Katia Chaikovska\"},\"url\":\"https:\/\/eba.com.ua\/en\/author\/katia-chaikovska-eba-com-ua\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"[:ua]\u0423\u043a\u0440\u0430\u0457\u043d\u0430: \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442 \u0442\u0430 \u0456\u043d\u0444\u0440\u0430\u0441\u0442\u0440\u0443\u043a\u0442\u0443\u0440\u0430. \u0422\u0440\u0438\u0432\u0430\u043b\u0438\u0439 \u0448\u043b\u044f\u0445 \u0434\u043e \u0437\u0434\u0456\u0439\u0441\u043d\u0435\u043d\u043d\u044f \u043e\u0431\u0456\u0446\u044f\u043d\u043e\u0433\u043e[:en]Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise[:] - European Business Association","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/","og_locale":"en_US","og_type":"article","og_title":"Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise - European Business Association","og_description":"Author: Svitlana Teush, Partner, Redcliffe Partners Ukraine\u2019s transport and infrastructure system plays a key role in the country\u2019s economy, particularly with its role in export and trade in the agricultural, industrial, and other sectors. Ukraine is conveniently located on different transport routes. However, it does not fully capitalize on its geographical benefits and does not [&hellip;]","og_url":"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/","og_site_name":"European Business Association","article_published_time":"2021-07-01T09:55:39+00:00","article_modified_time":"2021-07-02T07:49:33+00:00","og_image":[{"width":400,"height":400,"url":"https:\/\/eba.com.ua\/wp-content\/uploads\/2021\/06\/Redcliff_Partners_24062021.png","type":"image\/png"}],"author":"Katia Chaikovska","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Katia Chaikovska","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/","url":"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/","name":"[:ua]\u0423\u043a\u0440\u0430\u0457\u043d\u0430: \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442 \u0442\u0430 \u0456\u043d\u0444\u0440\u0430\u0441\u0442\u0440\u0443\u043a\u0442\u0443\u0440\u0430. \u0422\u0440\u0438\u0432\u0430\u043b\u0438\u0439 \u0448\u043b\u044f\u0445 \u0434\u043e \u0437\u0434\u0456\u0439\u0441\u043d\u0435\u043d\u043d\u044f \u043e\u0431\u0456\u0446\u044f\u043d\u043e\u0433\u043e[:en]Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise[:] - European Business Association","isPartOf":{"@id":"https:\/\/eba.com.ua\/#website"},"datePublished":"2021-07-01T09:55:39+00:00","dateModified":"2021-07-02T07:49:33+00:00","author":{"@id":"https:\/\/eba.com.ua\/#\/schema\/person\/591c0ae4ce3e3490f70325dfb642ac52"},"breadcrumb":{"@id":"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/eba.com.ua\/ukrayina-transport-ta-infrastruktura-tryvalyj-shlyah-do-zdijsnennya-obitsyanogo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/eba.com.ua\/"},{"@type":"ListItem","position":2,"name":"Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise","item":{"@type":"WebPage","name":"[:ua]\u0423\u043a\u0440\u0430\u0457\u043d\u0430: \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442 \u0442\u0430 \u0456\u043d\u0444\u0440\u0430\u0441\u0442\u0440\u0443\u043a\u0442\u0443\u0440\u0430. \u0422\u0440\u0438\u0432\u0430\u043b\u0438\u0439 \u0448\u043b\u044f\u0445 \u0434\u043e \u0437\u0434\u0456\u0439\u0441\u043d\u0435\u043d\u043d\u044f \u043e\u0431\u0456\u0446\u044f\u043d\u043e\u0433\u043e[:en]Ukraine: Transport and Infrastructure \u2013 Progress Towards the Promise[:]"}}]},{"@type":"WebSite","@id":"https:\/\/eba.com.ua\/#website","url":"https:\/\/eba.com.ua\/","name":"European Business Association","description":"We are looking for proactive business leaders, who shape the investment climate of Ukraine and ready to supervise the work of the largest and the most influential business-community of Ukraine \u2013 European Business Association!","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/eba.com.ua\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/eba.com.ua\/#\/schema\/person\/591c0ae4ce3e3490f70325dfb642ac52","name":"Katia Chaikovska","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/eba.com.ua\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/59d91c5da250ea725c3c425585ff46fb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/59d91c5da250ea725c3c425585ff46fb?s=96&d=mm&r=g","caption":"Katia Chaikovska"},"url":"https:\/\/eba.com.ua\/en\/author\/katia-chaikovska-eba-com-ua\/"}]}},"_links":{"self":[{"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/340826"}],"collection":[{"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/users\/4489"}],"replies":[{"embeddable":true,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/comments?post=340826"}],"version-history":[{"count":2,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/340826\/revisions"}],"predecessor-version":[{"id":340830,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/posts\/340826\/revisions\/340830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/media\/340832"}],"wp:attachment":[{"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/media?parent=340826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/categories?post=340826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eba.com.ua\/en\/wp-json\/wp\/v2\/tags?post=340826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}