World Bank's member organization, International Finance Corporation (IFC), has chosen SPEA Autoestrade  as the technical consultant to review the contents of the Pre-Feasibility Study of the Kyiv belt road project.

The Government of Ukraine announced in July 2013 that the Kyiv belt road project from Stolychne motorway (Capital motorway) to highway M-03 Kyiv-Kharkiv-Dovzhansky on the area Kyiv-Boryspil will be implemented on a public-private partnership.

During recent years Kiev (Ukraine) road system, without a structured ring road, has reached its capacity limits and now the Government is considering the ring road completion like a national priority project.

The project of the Kyiv Inner Ring Road will include:

• About 18km of greenfield full profile motorway section with a total of 8 lanes,
• A main tunnel of 4 km under the Dnepr River or in alternative a main bridge with a length of 600 m plus a total of 6 km of approach viaducts,
• 2 major motorway interchanges plus 2 intermediate two levels intersections,
• new toll system.

The scope of work of the SPEA Autoestrade will include:

•  Auditing the existing technical documentation
• Review of traffic model, traffic forecasts and toll revenue estimates
• Preliminary visual and desk review of geotechnical conditions
• Value engineering proposals
• Updated cost estimates, including CAPEX, OPEX and REPEX analysis

Until now a Pre-Feasibility Study has been already prepared and approved by the Government which intends to proceed with next project phases. IFC is assisting the Government as a transaction advisor for the project.