Reconstruction of Transportation in Ukraine's Capital Supported by Korean Government and Companies

The Korea Overseas Infrastructure & Urban Development Corporation announced that, together with the Ministry of Land, Infrastructure and Transport, it held the final report meeting for the transportation master plan establishment project in Kyiv, Ukraine, on the 3rd (local time).

Earlier, the Ministry of Land, Infrastructure and Transport dispatched a public-private joint reconstruction cooperation delegation led by the minister to Kyiv in 2023. They selected leading projects to be promoted together with the local government. Among these, the Kyiv transportation master plan establishment project aims to directly present spatial development and reconstruction plans for the metropolitan area.

A view of a ruined and abandoned village in the Donetsk region of Ukraine, controlled by Russia. Photo by Yonhap News

Additionally, there is an objective to establish a smart transportation master plan in connection with this. Selected as a Ministry-supported program, the corporation has been carrying out the tasks so far. The Urban Development Support Corporation explained the master plan to the Ukrainian government. Participating institutions and companies from both countries discussed future utilization, commercialization plans, and specific cooperation measures.

Marina Denysiuk, Deputy Minister of the Ukrainian Ministry of Community and Territorial Development, said, "We will work closely with related agencies to thoroughly review and start the main project from this year," adding, "Based on this master plan establishment, let us cooperate closely to carry out more diverse joint projects." The corporation stated, "We will actively discover investment and development projects in Ukraine in the future to increase opportunities for participation in reconstruction projects."

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