Ukravtodor and the Chinese company Xinjiang Communications Construction Group Co Ltd signed a contract for the overhaul of sections of the highway Stryi-Ternopil-Kirovohrad-Znamianka, and the part of work not carried out by the Italian company Todini on the road Kyiv-Kharkiv-Dovzhansky. About this UKRINFORM reported in the GP Ukrdorinvest.
As noted by the Director of Ukrdorinvest Elena Krivoruchko, this is the first occasion when the projects of the road sector in Ukraine will work a Chinese company.
“Today we have signed two significant contracts worth over $90 million under the Second project, improving traffic safety and road conditions which is financed by the International Bank for reconstruction and development… It was a long process, in which representatives of the world Bank has approved it, the company Xinjiang Communications Construction Group Co Ltd. Besides, this is the first case when the Chinese company signed a contract for capital repairs of roads in Ukraine within the framework of the project, which is financed by MFIs”, – said Krivoruchko.
We will remind, in April 2017 Ukravtodor has announced a tender for execution of works on capital repair of the road M – 03 Kyiv-Kharkiv-Dovzhansky on the section Lubny-Poltava due to the termination of the contracts with the company Todini.
The contract with the Italian company Todini, concluded in January 2013, provided for the completion of works in September 2014. The contractor has delivered the necessary equipment to Ukraine, however, the Ukravtodor found that there is several times less equipment than stated. The amount of VAT that was owed Ukravtodor, in the invoice issued by the contractor were overstated by tens of millions UAH.