MIU and Hyundai Talking on Prospects of High Speed Rail Tracks in Ukraine

17 Окт

Ministry of infrastructure of Ukraine (MIU) considers several options of cooperation with foreign partners on a project of building high-speed railroads.

This is what Minister of Infrastructure of Ukraine Vladyslav Kryklii proclaimed today in the course of his meeting with Director of Hyundai Corporation Kiev Branch Jeong Il-ryong, as MIU reports.

MIU and Hyundai Talking on Prospects of High Speed Rail Tracks in Ukraine

Mr Kryklii has noted that Ukraine is concerned in cooperation with the company Hyundai Corporation. However, the selection of a partner to realise the project of high-speed railroads construction is to be implemented basing on the analysis of conditions offered. The venture requires a complex approach, in particular what concerns the funding matters, terms of completion, possibilities of the Feasibility Study development on account of granted funds, Minister pointed out.

In his turn, Mr Jeong Il-ryong has informed on the deep concern in fulfilment of infrastructure projects in Ukraine.

There were issues of the rolling stock use on high-speed railroads and infrastructure projects funding patterns discussed as well.

https://cfts.org.ua/news/2020/10/16/miu_i_hyundai_obsudili_perspektivy_stroitelstva_vysokoskorostnykh_zh_d_v_ukraine_61315