Business
Investments in Transport Infrastructure as a ‘Driver’ of Ukraine’s Economic Revival after the War, by Denys Kostrzhevskyi

History and Development of Transport Corridors in Ukraine until 2022
Transport infrastructure is a critical element of any national economy. In Ukraine, with its strategic geographical position at the intersection of Europe and Asia, transport corridors have always played a key role.
Even the very formation of Ukraine as a state (Principality of Kiev) more than 1,500 years ago, was due to the existence of one of the first transport corridors known to historians — ‘Route from the Varangians to the Greeks’.
It is known that this corridor ran from north to south along the Dnieper River. Until 2014, modern Ukraine was also an integral part of several global transport corridors that ensured the efficient movement of goods between the European Union, Russia, and further to Asia.
The Eurasian Transport Network was one of the most important routes passing through Ukraine. This corridor provided transport links between Western Europe and Central Asian countries such as Kazakhstan and China.
Before the war starts in 2014, there were several ambitious plans to modernise this corridor, in particular, to renovait railway lines, construct new highways, and develop seaports on the Black Sea.
According to the Ministry of Infrastructure of Ukraine, in 2013 alone, more than 50 million tons of cargo passed through Ukrainian territory, which indicates the importance of this infrastructure.
The One Belt, One Road project also included Ukraine as a key transit country. This Chinese infrastructure mega-project aimed to create new routes for the transportation of goods between China and Europe.
Ukraine with its seaports such as Odesa and Illichivsk was an important component of this global plan. By 2022, a significant expansion of port infrastructure and modernisation of railways was planned to increase capacity.
In the context of integration with the European Union, the TEN-T European Transport Network included Ukraine as part of its extended plans. It was supposed to integrate Ukrainian transport routes with European ones to facilitate the movement of goods and people. Plans included the modernisation of major highways and railways, as well as the development of aviation infrastructure.
Prior to the outbreak of the war in 2014, investments in transport infrastructure amounted to more than $10 billion, with the main focus on the modernisation of existing networks and the development of new projects. However, Russia’s annexation of Crimea and the outbreak of hostilities in the Donbas have radically changed these plans.
Impact of the War on Transport Infrastructure and New Challenges
Since the beginning of Russia’s full-scale invasion of Ukraine in 2022, the situation with transport infrastructure has undergone dramatic changes. The destruction of infrastructure in regions where active hostilities took place made it much more difficult to transport goods and people.
All major transport corridors, including railways, roads, and ports, were partially or completely destroyed. The airspace over Ukraine is closed.
The railway infrastructure, which was an important part of the Euro-Asian corridor before the war, suffered significant losses.
Damage to, and destruction of, railways, bridges, and stations made transportation difficult or impossible in many regions even inside the country.
For example, the railway bridge across the Dnieper in Zaporizhzhia, which was an important element of the transport corridor, was destroyed during the hostilities, which made direct railway communication between the eastern and western regions of Ukraine impossible.
Seaports were also affected by the blockade and shelling. In particular, the port of Mariupol, which was an important transport hub on the Sea of Azov before the war, is now occupied, destroyed, and inaccessible for the transportation of goods.
The Black Sea ports and their infrastructure, including berths, warehouses, and railway accesses, were destroyed or damaged by shelling and combat operations. This made it difficult or even impossible to transship cargo. This significantly affected Ukraine’s ability to export products and reduced its economic opportunities.
Roads that previously ensured the rapid movement of goods between different regions of Ukraine and neighbouring countries have suffered significant damage. The destruction of bridges, roads, and tunnels not only complicated logistics, but also increased transportation costs, which negatively affected the competitiveness of Ukrainian goods in international markets.
Aviation infrastructure has suffered extensive damage. Airports, especially in active combat zones, were closed or damaged. Runways were ruined, air navigation equipment was destroyed. The restoration of aviation infrastructure requires significant investments in the repair and modernisation of runways, terminals, and ancillary services.
New Vectors of Transport Infrastructure Development
After the war, Ukraine will face the challenge of rethinking and strategic reorientation of its transport infrastructure, taking into account new geopolitical and economic realities. It is important to understand that it is not only about restoring the destroyed transport infrastructure, but about its complete reconstruction on the basis of a new strategy and in the conditions of new realities that will develop after the end of hostilities.
Transport corridors, previously focused on links with Russia and the CIS countries, require the development of alternative routes that will strengthen ties with the European Union and ensure the stable transit of goods between Europe and Asia.
Ukraine, with its unique geographical location, can become a key transport hub connecting the East and the West, as well as the North and the South. This will require not only the restoration of destroyed infrastructure, but also investment in the creation of new transport corridors that meet modern logistics requirements.
North–South
A potential direction is the creation of a corridor linking the Baltic Sea with the Black Sea.
This ancient, millennial route may include the modernisation of railways and highways connecting Ukraine with Poland, the Baltic countries, and the Scandinavian states.
For example, the expansion and modernisation of the Odesa–Gdańsk railway corridor will ensure efficient transit between the ports of the Baltic and Black Seas, facilitating the integration of Ukrainian logistics into the European one.
Trans-Caspian Transport Corridor
The development of infrastructure linking Ukraine through the Black Sea with the Caucasus and further with the countries of Central Asia and China through the Trans-Caspian corridor is another promising direction.
The inclusion of Ukraine in this corridor through Odesa, Chornomorsk, and Pivdennyi ports will help create an effective route for the transportation of goods from Asia to Europe through the Caspian Sea.
Danube Transport Corridor
The use of the potential of the Danube River and the development of the Danube ports of Ukraine, such as Izmail and Reni, can be an effective way to integrate into the European transport system. This will provide not only alternative routes for the export of products, but also allow the use of waterways for the delivery of goods deep into Europe.
Development of aviation infrastructure
Reconstruction and modernisation of Ukrainian airports, such as Kyiv, Boryspil, Lviv, Odesa, and the creation of new aviation hubs in the west of the country, will ensure effective air links with the EU and other regions.
This includes investments in technological re-equipment, reconstruction of airfields, including runways, construction of new terminals, development of cargo aviation, and creation of modern logistics centres serving international cargo flows.
Creating New Jobs
The reconstruction and development of transport infrastructure after the war will not only open up new economic opportunities, but also create thousands of new jobs.
A significant number of specialists, including engineers, builders, technicians, and logisticians will be involved in the process of construction and modernisation of railways, roads, ports, and airports.
In addition, the functioning of the new transport infrastructure will require maintenance personnel, operators, and managers, which will increase employment and improve the skills of the workforce. This will contribute not only to economic revival, but also to the social development of the country.
International Support and Cooperation
The implementation of these projects requires joint efforts with European and international partners. The European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), as well as the European Union, have already expressed their readiness to support reconstruction and modernisation projects.
The integration of Ukrainian transport corridors into the TEN-T system will connect Ukrainian routes with European ones and facilitate the movement of goods and people between Ukraine and Europe. This involves the modernisation of existing and the construction of new transport hubs that meet European standards.
Given these new vectors and geographical advantages of Ukraine, with new investments in transport infrastructure, Ukraine will become an important transit centre that will ensure the rapid and efficient movement of goods between continents.
This includes the development of container terminals and logistics centres that will be able to handle large volumes of cargo and ensure their efficient distribution. Therefore, investments in the transport infrastructure of Ukraine will become a key element of its economic revival after the war. This will not only ensure the restoration of destroyed routes, but also create new opportunities for economic growth and integration into the global economy.
“I am convinced that the development and implementation of Ukraine’s transit potential will become one of the main driving factors in the restoration and strengthening of the Ukrainian economy after the victory,” concluded Denys Kostrzhevskyi.

Business
$895M Development Project to Break Ground in Chicago’s South Side

Woodlawn Central, a visionary $895 million mixed-use development at 63rd and Dorchester, is moving forward with a newly announced joint venture for Phase One. Phillip Beckham III and Juan Saldana of P3 Markets have joined the project as development partners, while Bowa Construction, led by Nosa Ehimwenman, has been named construction manager and community partner.
Phase One of Woodlawn Central will include:
- A state-of-the-art hotel
- The restoration and repurposing of the historic Metra Head House
- 140 units of mixed-income premier residential housing
This joint venture represents a pivotal milestone in bringing the vision for Woodlawn Central to life—a community-first development designed to foster economic opportunity, protect cultural heritage, and promote sustainable growth in the Woodlawn neighborhood.
A Commitment to Community-Led Development
- Byron Brazier, Lead Developer of Woodlawn Central, emphasized the importance of aligning with partners who share the project’s mission:
“After extensive meetings and proposals, it was clear that P3 Markets and Bowa Construction embody the values of shared vision and respect for community development,” said Brazier. “Phil, Juan, and Nosa bring the expertise, commitment, and collaborative spirit necessary to make this transformative vision a reality.”
Self-Development Model Prioritizing Equity
Unlike traditional developments, Woodlawn Central is being self-developed by ACOG Ventures, the LLC entity of the Apostolic Church of God (ACOG), to ensure that the community remains at the heart of the project.
Dr. Byron T. Brazier, Senior Pastor of ACOG, reinforced this commitment:
“After many disappointing conversations with traditional investors and developers, we are more determined than ever to ensure that this project serves the long-term stability of both the church and the community,” said Dr. Brazier. “We refuse to support displacement in any form and remain steadfast in our mission to empower the residents of Woodlawn.”
Since its announcement in 2021, Woodlawn Central has stood as a model for equitable development in the Black community—proving that large-scale urban projects can be community-led while prioritizing transparency, collaboration, and cultural preservation.
About the Partners
- Byron Brazier – Lead Developer of Woodlawn Central, ensuring that the project aligns with long-term community interests.
- P3 Markets – A mission-driven development firm, co-founded by Phillip Beckham III and Juan Saldana, specializing in projects that promote equitable economic growth.
- Bowa Construction – A premier general contractor and construction manager based in Chicago. Known for achieving industry “firsts” on major projects like The Row, a 43-story high-rise in Fulton Market, Bowa continues to set new standards for excellence and innovation in construction.
What’s Next for Woodlawn Central?
Phase One of Woodlawn Central is set to break ground later this year, laying the foundation for a thriving hub of mixed-use living, commerce, and community engagement at 63rd and Dorchester.
For more information, visit woodlawncentral.com or [email protected]
The post $895M Development Project to Break Ground in Chicago’s South Side appeared first on Pinion Newswire.
Business
Oregon State University strengthens ties with South Korea’s ‘future innovation leaders’

OSU President Jayathi Murthy and OSU Foundation CEO Shawn Scoville engage with alumni and future students in Seoul
As a global leader in advanced technology and engineering, South Korea is shaping the future of innovation. This week, Oregon State University (OSU) President Professor Jayathi Y. Murthy and OSU Foundation President & CEO Shawn L. Scoville met with OSU alumni, newly admitted students, and industry leaders in Seoul to celebrate OSU’s global connections and reaffirm the university’s commitment to cutting-edge research, student success, and career pathways in high-demand fields.
With more than 80 students from South Korea currently enrolled at OSU, the university continues to be a destination of choice for Korean students seeking world-class education and access to top global industries. OSU offers strong academic and research programs in AI, robotics, computer science, oceanography, and sustainability, areas that align with South Korea’s strengths in technology, engineering, and global problem-solving.
“South Korea has long been at the forefront of technology and scientific advancements, and Oregon State University shares that same drive for innovation,” said Murthy. “Our university fosters a research-intensive, globally connected environment where students engage with cutting-edge discoveries and collaborate with industry leaders. I’m excited to strengthen our connections with Korea’s best and brightest minds and future innovation leaders.”
A global research powerhouse with strong industry connections
OSU is ranked among the top 1.4% of degree-granting institutions worldwide and has a student body of nearly 38,000 students from more than 100 countries. It is home to the largest Computer Science program in the United States and has a strong research enterprise, with US$422 million in annual research expenditures and a goal to double that by 2030.
The university has deep industry ties, serving as a preferred hiring partner for global companies, including Intel, Google, NVIDIA, Amazon, Apple, Boeing, Nike and Tesla. These partnerships provide OSU students with access to outstanding career opportunities in high-impact fields.
OSU Foundation’s commitment to global education and alumni engagement
Accompanying President Murthy, Shawn L. Scoville, President and CEO of the OSU Foundation, highlighted the Foundation’s role in expanding OSU’s impact through global alumni engagement and philanthropy.
“The OSU Foundation is dedicated to engaging our dynamic international network of alumni and supporters to help strengthen OSU’s ability to address global challenges,” said Scoville. “Through our US$1.75 billion ‘Believe It’ fundraising and engagement campaign, we are investing in OSU’s students, faculty and groundbreaking infrastructure that positions OSU as a global leader in AI, sustainability, and engineering.”
One such transformative project is the Jen-Hsun Huang and Lori Mills Huang Collaborative Innovation Complex, made possible by more than US$100 million in philanthropic investments, including a US$50 million gift from OSU alumni couple Jen-Hsun Huang, NVIDIA Founder and CEO, and Lori Mills Huang. Set to open in 2026, the facility will house one of the most powerful supercomputers in the United States, advancing research in AI, sustainability, climate science, and oceanography, and beyond.
The event in Seoul was attended by several alumni and future students. “We are grateful to our volunteer leaders in South Korea for their generous welcome. As OSU continues to expand its global footprint, engagements like this reaffirm the university’s deep connections with its alumni, who play a vital role in OSU’s global impact,” said Scoville.
To learn more about OSU’s global research and education opportunities, visit: https://oregonstate.edu
To learn more about OSU Foundation visit: https://www.fororegonstate.org
The post Oregon State University strengthens ties with South Korea’s ‘future innovation leaders’ appeared first on Pinion Newswire.
Business
FallsCreek Group LLC Invites Proposals for Premier Steamboat Base Village® Development, Enhancing Steamboat Springs’ Ski Experience


Thomas Grant, Managing Partner of the FallsCreek Group LLC, and owners of the future 59-acre Steamboat Base Village® property at the Steamboat Ski Area, in Steamboat Springs, Colorado, “Ski Town USA®“, are now accepting applications and reviewing offers from development companies and or financial institutions for the development of the Steamboat Base Village®. This property is the only remaining location for the development of a ski-in base village and north entrance (second access) to the Steamboat Ski Area!
Mr. Grant stated the need for the Steamboat Base Village® is indisputable. The new posh village and the north entrance to the Steamboat Ski Area would transform the Ski Area into one of the greatest ski resorts in North America and possibly open hundreds of acres of expert ski terrain to the north.
The 59-acre Steamboat Base Village® property is a major opportunity for Steamboat Springs and is one of the most significant proposed developments at the Steamboat Ski Area. This development has the potential to reshape, not only the Steamboat Ski Area, but also the broader landscape surrounding Steamboat Springs.

Steamboat is the second-largest ski area in Colorado with 3,741 acres. Steamboat is also the largest ski area in the world that utilizes a single ski base to accommodate approximately 1.4 million skiers annually; an average of over 10,000 skiers daily. The IKON pass and Steamboat’s two gondolas have dramatically increased the quantity of skiers at Steamboat, which is an anomaly for a ski area of this magnitude.
Significance of the Steamboat Base Village® Property
The 59-acre Steamboat Base Village® property would add a second entrance to the ski area from the north for quick access to the ski area and its elite ski terrain. There is a possibility of opening up more expert ski terrain to the north from the Steamboat Base Village®.

The Steamboat Base Village® would feature the most contemporary facilities in the ski industry. The slope-side village would feature five-star hotels and residence club accommodations fitted with the finest appointments. Boutique posh shops would provide a unique shopping experience. The contemporary village would have a look and feel of permanence. The Steamboat Base Village® will be nestled creekside featuring aspen tree-lined walking paths through the Routt National Forest. The village adjoins the Steamboat Ski Area and the town of Steamboat Springs.
For details and procedure guidelines see Steamboat Base Village® www.steamboatbasevillage.com.
What the people think: https://teamyazbeck.com/blog/what-the-steamboat-base-village-auction-means-for-the-local-real-estate-market/?amp=1
For an overview of the proposed FallsCreek Group’s Steamboat Base Village® development, go to: www.steamboatmountain.com or www.steamboatbasevillage.com.
Visit Peak Rankings for 2024 at https://www.peakrankings.com/content/steamboat.
Disclaimer: The contents herein are the opinions of the FallsCreek Group LLC and Steamboat Mountain® and are not in any way based on the information or endorsements from the Steamboat Ski Resort® or any other entity.
Thomas Grant, Managing Partner
FallsCreek Group, LLC
+1 702-304-1980
Thomas Grant, Managing Partner
FallsCreek Group, LLC
[email protected]
The post FallsCreek Group LLC Invites Proposals for Premier Steamboat Base Village® Development, Enhancing Steamboat Springs’ Ski Experience appeared first on Pinion Newswire.
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