McKinsey Global Institute, for every dollar of investment in infrastructure in the long term will bring the Ukrainian economy 20 cents due to the increase of productivity. About it writes Bloomberg in an article on the problems with the Ukrainian roads.

The newspaper reminds that according to the latest global competitiveness report Ukrainian roads are recognized as the worst in Europe. The Ukrainian government intends to send “unprecedented” funds for repair of roads.

“Next year, investments could reach up to 1.4% of GDP, more than four times more than Ukraine has spent on the infrastructure, before the championship of Europe on football Euro-2012,” writes Bloomberg.

“It is a good investment – the infrastructure multiplier, and in the regions, roads are the key infrastructure”, – said Tymofiy mylovanov, member of the Board of the national Bank of Ukraine and associate Professor of the University of Pittsburgh.

In Ukravtodor said that 95% of roads are in poor condition. While 2015 Was renovated about 3,600 km of roads, only 1.3% of the total.

Earlier, the Minister of infrastructure Vladimir Omelian said that in 2017 Ukraine will be repaired about 2 thousand km of roads of the planned 2.5 thousand km, due to insufficient funding.

To repair Ukrainian roads can take 1.4% of GDP – Bloomberg 27.11.2017

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