Ukraine’s geographic location combined with 17 FTAs with 46 countries (including EU, EFTA, Canada, Israel, etc.) makes it an important transit corridor for trade and travel between Europe, Asia and the Middle East.
The transport infrastructure sector is one of Ukraine’s most important sectors of economy, with extensive railway and highway networks, sea and river ports (terminals), airports, and a wide network of air destinations, freight and customs terminals. The transport sector significantly contributes to Ukrainian economy – it accounts for 6.4% of the country’s GDP and 7% of total employment.
Although the country has a broad transport infrastructure, it needs to be modernized, extended, and the quality of services improved through gradual alignment with the European standards. This creates a lot of opportunities for private investments and public-private partnerships.