The government of Ukraine has offered China Railway International Group (CRIG) a number of infrastructure investment opportunities, including the fourth line of the Kiev Metro and the construction of a bridge, the Ministry of Economic Development and Trade reported on Twitter yesterday.
The ministry published two tweets to say that it had held talks with CRIG, and that the Chinese giant was "ready to invest in Ukrainian infrastructure". It continued: "We can offer six projects for investment, in particular a new bridge in Kiev and the fourth line of the subway."
The present metro system, which opened in 1960, has 52 stations divided between three routes. The fourth Podilsko-Vyhurivska line would run southwest to northeast, crossing the Dnieper at the future business centre of Rybalskiy Island.
The Kiev council expects the construction of the line to cost about $1.3bn. According to the Ukrainian News agency, CRIG has offered to pay for 85% of the cost.
The Kiev metro system
This news follows on from reports in Ukrainian News last week that CRIG was interested in building a high-speed rail link between Kiev Central Station and Boryspil international airport.
The report quoted the Ministry of Economic Development as saying the Chinese company was interested in the "Air Express" project, and that it planned to hold meetings with the company on 24 April.
CRIG is a subsidiary of China Railways, the second largest construction company in the world, according to the Engineering News-Record. Â
Top image: The ministry’s picture of its meeting with Chinese rail executives (Twitter)