News and developments
Sayenko Kharenko helps Ukravtodor to launch a joint anti-corruption project with EBRD
The State Agency for Roads of Ukraine (“Ukravtodor”), within the framework of a joint anti-corruption project, will reconfigure its management and procurement practices according to the recommendations of the European Bank for Reconstruction and Development (“EBRD”).
The loan agreement between Ukravtodor and the EBRD signed in December 2020 for EUR 450 million provides for the implementation of four important reforms in the road industry:
- A procurement reform;
- An improved traffic safety;
- Development of infrastructure for electric transport; and
- An anti-corruption reform.