Sayenko Kharenko – legal partner of the EBA transport infrastructure development survey
Sayenko Kharenko has acted as a partner of the infrastructure index, which is being held for the second year in a row by the European Business Association. This is a study of the general state of transport infrastructure development in Ukraine. This year, the integrated index amounted to 2.76 points out of a possible 5 and showed a slight increase but still remained in the negative plane. Last year, the overall score was 2.58 points.
The results of the EBA’s annual expert survey were presented at the Infrastructure Day 2021 event, which took place on 3 December 2021. Counsel Volodymyr Yaremko and associate Vladlena Lavrushyna took part in the meeting as speakers.
“We can notice increasing attention of the public authorities to infrastructure issues. It is therefore only natural that the results for 2021 indicate a slight improvement in the overall business assessment of Ukraine’s infrastructure compared to the previous year. This is especially true of road transport, which has been one of the priorities of state development programs for several years in a row. Despite the general global decline in demand for air transportation and the reduction of commercial traffic congestion, air transport has received a consistently neutral assessment from market participants. This can be seen as an indicator of the relatively effective policy of the state in the aviation industry and market interest in its active development in Ukraine. At the end of this year, the Ministry of Infrastructure also announced ambitious plans for investment projects in rail and air transport. Such initiatives are clearly of interest to business, although next year they will be assessed depending on the concrete results achieved, as, for example, was the case this year with road transport,” the Sayenko Kharenko lawyers commented.
The detailed information about the survey is available via the link
The EBA Infrastructure Index has been conducted since 2020.
The Index is calculated as an average assessment of the overall development level of 5 transport sectors. Each sector is evaluated based on four criteria – legislation and public policy, investment activities, transport monopoly, and transport logistics.
The index is measured once a year. To calculate the index, we use the Likert scale which has 5 gradations where 1 is extremely negative, 3 is satisfactory, 5 is extremely positive.
Altogether, 94 transport and logistics specialists from EBA member companies took part in the survey. The main partners of the study are the law firms Agreca and Sayenko Kharenko.