Omeljan announced a substantial increase in funds for repair and construction of roads

In the next few years Ukraine will constantly increase the amount of funds allocated for the repair and construction of roads. Within a year, the amount could reach 50 billion.

This happens thanks to the work of the Road Fund. In an interview with “Observer” said the Minister of infrastructure Vladimir Omelian.

“I think that we (the $ 50 billion on roads) will not reach next year, but in 2019 must exactly reach. Because next year we have 50% of revenues from all excise taxes will go to the Road Fund in 2019 – 75%, and from 2020 a stable 100% of excise duties for fuel will go to the Road Fund”, – said the Minister.

Omeljan hoped that international financial institutions will open a credit line for the construction of highways passing through the territory of Ukraine.

“Perhaps now you will attract Chinese and other partners under the state guarantees in order to obtain high-quality roads. At least already conducted negotiations with a major Chinese company China Road and Bridge Corporation on the construction of Ukraine’s first concrete road, which will connect Odessa, Nikolaev and Kherson, “- said Omeljan.

Earlier it was reported that Ukraine plans to build the first toll highways.