Bad roads chop 3.7 pct off GDP: official

0 Comment(s)Print E-mail Xinhua, September 27, 2013
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Ukraine's poor road conditions caused an annual loss of 6.875 billion U.S. dollars, equivalent to 3.7 percent of the country's gross domestic product, a senior official said Friday.

"Bad road conditions slow down traffic speed, increase fuel consumption and repair costs, and cause a growing number of accidents," Eugene Prusenko, the head of the State Highway Agency, told local media.

The official also called for intensified efforts to improve road safety and efficiency. He said the authorities should repair the existing bad roads and consider building new highways.

Ukraine, expected to repair around 165,000 kilometers of its roads, allocated 3.6 billion dollars logistics infrastructure upgrades this year. Endi

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