The Ukravtodor state automobile roads agency and Sinohydro Corporation (the People's Republic of China) have signed an agreement on reconstruction of the М-06 Kyiv-Chop worth EUR 42,303,909 (less VAT).
The agreement was signed by acting chairperson of the agency Slavomyr Novak and a representative of the Chinese company, a correspondent of the Ukrainian News Agency has reported from the scene.
The project is financed at the expense of the funds of the European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB).
As Ukrainian News Agency earlier reported, in July, Ukravtodor and China Road and Bridge Corporation (the People's Republic of China) signed a memorandum on construction of the concrete Odesa-Mykolayiv road.
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