Ukraine’s rail network ranks 14th globally and 3rd in Europe connecting to all neighbouring countries, while the country runs a dozen of sea ports and international airports, and boasts 170k km by road network size. The 2019 marked significant investments into the sector, with the share of the European Investment Bank exceeding half a billion of US dollars. The freshly designed concession schemes have already enabled to engage a world’s leading operator for the development of a single port, with total investments into the facility expected to exceed US$ 100 million.

Conveniently located in the heart of Europe as its largest country with an access to the Black Sea basin, Ukraine has established a distinctive brand reputation of a transit hub. The country offers seamless travel and shipment solutions and bridges the Eastern and Western worlds.

Given its size and scale, the Ukrainian infrastructure offers extensive opportunities for investing into its facilities.

In 2019, the parliament adopted pro-investor amendments to concession laws seeking to stimulate foreign and domestic investments into the infrastructure.

The amended law is premised, to an extent, on UNCITRAL Model Legislative Provisions on Privately Financed Infrastructure Projects. Among others, it lifts previously applicable legislative barriers, provides state guarantees for both concessionaries and creditors securing stable realisation of concession projects, including by enabling the latter to pledge the concessionaries’ proprietary rights, allows parties to select governing law, as well as procedural law and fora for dispute resolution.

Our lawyers have been continuously involved in infrastructure-related advisory and disputes work and kept an eye on the industry’s legislative developments.

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