Omelyan: Railway System Demands Reform

Ukrainian Minister of Infrastructure Volodymyr Omelyan said that a new railway transport law should be approved by Parliament
Photo from Ministry of Infrastructure of Ukraine

=Ukrainian Minister of Infrastructure Volodymyr Omelyan met with representatives of the World Bank, the U.S. Embassy in Ukraine, and the U.S. Treasury to discuss key issues of the national rail company Ukrzaliznytsia, on Monday.

The transport challenges that Ukraine faces will require work, Omelyan said, a government press-release wrote.

“Regardless of political circumstances, the processes that we launched have started to develop successfully: roads are being built, aircraft, ports and river transport demonstrate development, and railway system reforms and investments in infrastructure and rolling stock,” he said.

A new railway transport law, developed by the Ministry of Infrastructure, has positive feedback from foreign partners and business and should be approved by the Parliament, Omelyan said.

The meeting discussed the risks and benefits of introducing private traction on the railways, regulation by the state, as well as business opportunities in the context of freight transport.

Source UATV
date 21.05.2019
categories Economics
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