Saturday, December 5, 2015

Ukrainian-German workshop "Railway transport", held on December 3, at the Ministry of Infrastructure

A German delegation of enterprises from the railway industry was headed by State Secretary at the Federal Ministry of Transport and Digital Infrastructure of Germany Rainer Bomba. The event also gathered representatives of PJSC Ukrainska Zaliznytsia and the German Embassy.
Andrii Pivovarsky informed the German side about the progress of reform in the railway sphere of Ukraine. In particular, he focused on the corporatization of Ukrzaliznytsia, which would lead to a change in management philosophy, approaches to operational processes and company’s management.
Liberalization of railway activities will be the next step. The Cabinet of Ministers has approved to submit draft laws "On Railway Transport" and "On the National Commission for Transport Regulation" to the VerkhovnaRada. "

Such steps of the Ministry are expected to cause an investment boom in the railway area. According to the Minister, the railways need investment in the amount no less than USD 1 billion per year.
The German side highly appreciated the activities of the Ministry of Infrastructure on reforming the railway sector. As Rainer Bomba pointed out, Germany will continue to support infrastructure projects of the Ministry. The parties agreed to pursue cooperation at the level of agreements between PJSC Ukrainska Zaliznytsia and German business.



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