Ukraine to invest record 5.2 bln USD in infrastructure in 2022
Ukraine will invest a record of 141.8 billion hryvnia (about 5.2 billion U.S. dollars) in infrastructure development next year, the country's Finance Ministry said on Wednesday, Xinhua reports.
According to a statement on the ministry's website, the lion's share of the funds will go to transport infrastructure upgrades, in particular the construction and maintenance of state and local automobile roads.
Besides, some 190 million dollars from the investment package will be used for the modernization of railway infrastructure and the purchase of high-speed trains and railway cars.
Ukraine will also spend about 128 million dollars next year for the construction and upgrade of the country's airports.
According to the ministry, infrastructure development will spur the country's economy, support businesses, and improve access to healthcare services.
Last month, Ukrainian President Volodymyr Zelensky said the infrastructure upgrade that is currently underway in Ukraine is a key reform for the country in the last half-century.
News.Az
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