Some Issues of the Project Analysis of Options for the Implementation of European Standard Railways in Ukraine

Abstract

The possibility of more dynamic development of economic, social, and political relations of Ukraine with the countries of Central and Eastern Europe, including with Poland and the countries of the European Union, is the basis of the idea of building railway lines of the European standard. Political and socio-economic circumstances in Ukraine require acceleration of the necessary organizational, technical, technological, and economic research. Implementation of such a large-scale project in Ukraine can be carried out with the participation of foreign partners. The partners' decision to participate in the project will be based on the results of the project analysis. It has been proven that not only the cost of design, search and construction and installation works for a certain infrastructure, but also the method of its calculation will be of great importance for making a reasoned decision. There is a well-founded need to consider the cost of performing works on the station infrastructure complex, both the port economy itself and railway stations in the port's catchment area. The preliminary assessment of the project should begin with its proper identification in the context of a broader investment program due to its impact on the economic, social, and political components of the European Union. There is a well-founded need to determine the geographical area on which the cargo flow can be generated. An essential element of the societal analysis is that the magnitude of the effect decreases significantly as the time interval decreases, and the elasticity results are much higher with national-level data than when using regional-level data. The mentioned provisions are important factors to consider in the project analysis of the introduction of the European track on the railway network of Ukraine in view of making a positive decision for Ukraine regarding the participation of foreign partners in this project and its financing.

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