Poroshenko signs law allowing toll road construction in Ukraine

"The implementation of the law will help create the conditions for attracting investments for the construction and operation of highways on concession terms," the president's press service reports.

The law comes into force from the day following the date of its publication in the official press.

As UNIAN reported earlier, Slawomir Nowak, CEO of Ukravtodor, Ukraine's state-owned road management agency, said the bill adopted by the Verkhovna Rada on February 27, 2018, greenlighting concession deals for road construction would open a new era of development of the Ukrainian road industry and promote the expansion of economic ties between Ukraine and EU member states.

"The first toll road will be the one from Lviv to the Ukrainian-Polish border, which will contribute to the expansion of economic ties between Ukraine and EU countries," Mr. Nowak said.