EBRD ready to help Ukraine create big road around Kyiv - Kyiv City Mayor

EBRD ready to help Ukraine create big road around Kyiv - Kyiv City MayorThe European Bank for Reconstruction and Development (EBRD) is ready to help Kyiv City to implement the bid orbital road construction project, Kyiv City Mayor Vitali Klitschko has told reporters, commenting on the results of his meetings at the World Economic Forum in Davos.

"One of the key tasks we see for ourselves is building the orbital road that could lift the environment situation and unload transport infrastructure. Today Kyiv is suffocating over transport. We have an understanding with the EBRD in the issue. They are ready [to help]," he said on the sidelines of "the Ukrainian Breakfast" organised by the Victor Pinchuk Foundation in Davos on Thursday.

Klitschko said that the second round of talks with the EBRD on the project would be held soon in Kyiv.

He said that it is early to speak about concrete details of the future big orbital road, in particular, it will pass across the Dnipro River or a tunnel.
"We are looking for options to solve it," he said.

He also recalled that earlier he made arrangements with German investors regarding the completion of the Podilsko-Voskresensky Bridge. He said that the essential task is to launch the bridge in 2020.

Klitschko said that he will meet President of Azerbaijan's Socar, a large player on the Kyiv market.

He said that if meetings in Davos in the previous years were mainly of the political character, now two-thirds of them are devoted to projects to be realised.

The mayor believes that criticising him that he went to Davos is unfair. He recalled that two years ago he met the SAP managing director here and in four months Kyiv joined the SmartCity international system.

"Each trip should have a concrete result. I have something to say what I have done. I do not want to run ahead, but this year it will be the same," he said.

He said the fact that the city managed to halve its foreign debt in two years when up to UAH 2 million every day was sent to service is a positive factor in negotiations.
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