Hungary is investing EUR 50 million on Transcarpathian roads

Hungary is investing EUR 50 million on Transcarpathian roads

Also Ministers of Ukraine and Hungary discussed issues concerning future cooperation.

Ukraine and Hungary have agreed about the beginning of the investment a number of infrastructure projects in the Transcarpathian region.

This was announced by the Minister of external economy and foreign Affairs of Hungary Peter Siarto during a press conference with the Minister of foreign Affairs of Ukraine Pavel Klimkin, Interfax reported.

According to him, Hungary is ready to provide 50 million euros in the framework of the project of construction of a bypass road around the coast, as well as the road, which will connect Mukachevo and Beregovo.

“Today, we agreed on a time frame for the development of infrastructure projects in the Carpathian region, for the five infrastructure projects. We will also begin to invest in one project is a ring road around the Coast that leads to the border,” following the meeting, Klimkin said.

The Ministers also discussed issues concerning future cooperation, the opening of new border crossing points, as well as issues of implementation of joint customs and border control.

We will remind that earlier the Ukrainian Parliament has supported a bill to create a state road Fund to Finance the repair and construction of roads. The corresponding decision is supported by 286 votes.

The Chairman of the Verkhovna Rada Committee on transport Yaroslav Dubnevich stressed that it will increase funding for roads. By design, 60% of the Fund money will be spent on state roads, and 35% will be allocated to local authorities to repair regional roads.