Baku, Azerbaijan, November 1
The State Road Agency of Ukraine (“Ukravtodor”) has signed a contract with the Azerbaijani AzVirt company regarding the repair of the section extending from Kyiv city to Kipty village in Chernigiv region of the M-01 Kyiv - Chernigiv - Novy Yarylovychi road, the press service of Ukravtodor said in the statement.
The cost of work will amount to 131.55 million euros, and the period of implementation of the repair work will be 730 days.
The scope of repair work includes the 18-kilometer section of the Brovary town’s bypass road (31.2 million euros), the 24-kilometer section extending to the administrative border with the Chernigiv region (47.1 million euros) and another 37-kilometer section extending to Kipty village (53.3 million euros), the message says.
The repair of sections of the M-01 road is carried out within the framework of the implementation of the Pan-European Corridor project, which is financed by the credit funds of the European Investment Bank and the European Bank for Reconstruction and Development.