"LEMTRANS" to become a partner of Ukrainian Infrastructure Forum '18


"LEMTRANS" became a partner of Ukrainian Infrastructure Forum '18, held in Kiev on April 19, 2018. Traditionally, the forum participants were waiting for a busy business program including strategic sessions and discussions reflecting the most urgent issues of infrastructure development.

During the event the representatives of the government and business, leading experts and international investors discussed possible ways of developing the industry within the shortage of funds, perspective mechanisms and models for financing infrastructure development as well as openness of the market itself.

The General Director of Lemtrans, Vladimir Mezentsev, speaking at the key session dedicated to the railway transport of Ukraine, noted the successful European experience of public-private partnership in implementing a number of infrastructure projects. He also spoke about the need to adopt appropriate national legislative regulation to determine the mechanism and conditions for public and private partnership. In other words, the need to create an understandable and transparent program to remove the risks of potential investors ready to implement projects of national importance.

During the speeches, the experts including the representatives of MIU, PJSC "Ukrzaliznytsya", EBRD, General Electric, etc., agreed that the key problem of the market today is the shortage of traction rolling stock. To eliminate problems with traction, the country needs a comprehensive program of renovation and restoration. "If we follow the logic of the reform, we must give a clear answer to the question of liberalization of the traction market. "Ukrzaliznytsya" needs to open up markets for the private investors more quickly. It should be understood that the emergence of private traction today is not the purpose itself but only a means of improving the transportation process. After all, every ton of cargo not transported is the loss of the railways, shippers, operators and the loss of the Ukrainian economy".