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

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6 months ago

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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.

Denys Kostrzhevskyi, Chairman of the Board of Directors of Kyiv International Airport and Co-founder of the European Facilitation Platform (EFP).

Read more :   IN THE AUSTRIAN PARLIAMENT, THE ABDUCTION OF UKRAINIAN CHILDREN BY RUSSIA HAS BEEN RECOGNIZED AS A WAR CRIME – ALONA LEBEDIEVA

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QikQik+: Revolutionizing Global Payments with Innovative Solutions.

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3 weeks ago

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January 13, 2025

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SUREBANQA, a pioneering fintech company, proudly announces the evolution of QikQik+, a cutting-edge omnichannel financial platform. This breakthrough development sets a new standard for secure, efficient, and inclusive payment solutions worldwide.

Empowering Financial Inclusion.

QikQik+ is designed to bridge the financial gap in underserved communities, promoting economic growth and social equality. By providing access to advanced payment tools, QikQik+ empowers individuals, merchants, and businesses to thrive in the global economy.

Innovative Features and Updates.

The latest version of QikQik+ boasts an array of innovative features, including:

  • WooQikQik+ plugin: Seamless WooCommerce integration for effortless online transactions
  • Virtual card options: Enhanced security and convenience for users
  • SoftPOS: Simplified payment processing for merchants
  • Automated payments: Streamlined operations and reduced administrative burdens
  • API key management: Secure and efficient integration with third-party services.
  • Advanced admin tools: Enhanced management and analytics capabilities.
  • Optimized payment links: Faster and more secure transaction processing.
  • Stablecoin support: Expanded payment options for users.
  • Multi-language support: Global reach and accessibility.

Strategic Partnership with Stripe.

SUREBANQA is thrilled to announce its partnership with Stripe, a leading online payment processing system. This collaboration enables QikQik+ to offer secure, localized payment experiences, further solidifying its position as a pioneer in the fintech industry.

Crowdfunding Initiative.

To accelerate the development and deployment of QikQik+, SUREBANQA has launched a crowdfunding campaign. This initiative invites visionaries and supporters to join the movement toward a more inclusive and efficient global payment ecosystem.

This equity crowdfunding confirms SUREBANQA’s commitment not only to financial inclusion for all but also to economic inclusion with the creation of opportunities and the equitable sharing of the wealth created by making the users co-owners of the platform.

Join the Movement.

Discover how QikQik+ is revolutionizing payments and promoting financial inclusion. Visit the QikQik+ page on LOOP to learn more and join the crowdfunding campaign at INVEST TO REVOLUTIONIZE PAYMENTS: QIKQIK.

About QikQik+ and SUREBANQA.

QikQik+ is a next-generation omnichannel financial platform developed by SUREBANQA. With a focus on financial inclusion, security, and user-friendly tools, QikQik+ delivers advanced solutions for smooth and efficient local and cross-border financial transactions. SUREBANQA is committed to providing financial access in underserved communities worldwide.

The post QikQik+: Revolutionizing Global Payments with Innovative Solutions. appeared first on Pinion Newswire.

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MACKAY Heating & Cooling: St. Catharines’ Trusted Local HVAC Company Offering Emergency Services Across Niagara Region

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4 weeks ago

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January 10, 2025

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MACKAY Heating & Cooling, a leading local HVAC company serving the Niagara Region, is proud to offer fast and reliable emergency HVAC services for homes and businesses. With over 50 years of experience, MACKAY Heating & Cooling is committed to keeping Niagara residents comfortable year-round with expert furnace repair, heat pump repair, water heater repair, and more.

As temperatures drop across the Niagara Region, ensuring your heating system is in top condition is essential. MACKAY Heating & Cooling is available 24/7 to handle emergency situations and provide timely repairs to keep your home safe and warm.

Reliable Emergency HVAC Services in the Niagara Region

HVAC emergencies can happen at any time, leaving homeowners without heat during frigid winter months or without cooling during summer heatwaves. MACKAY Heating & Cooling understands the urgency of these situations and offers round-the-clock emergency HVAC services to address unexpected breakdowns.

Whether it’s a furnace failure, a malfunctioning heat pump, or a leaking water heater, their certified technicians are ready to provide fast and effective solutions. By choosing MACKAY Heating & Cooling, customers receive peace of mind knowing they have a trusted partner to rely on when they need it most.

“We’re dedicated to providing reliable and efficient service to the Niagara Region. Our team is committed to being there for our customers during emergencies, ensuring their homes remain safe and comfortable,” said a spokesperson for MACKAY Heating & Cooling.

Comprehensive Furnace Repair Services

As a trusted provider of furnace repair St. Catharines, MACKAY Heating & Cooling offers expert diagnostics and repairs for all types of furnaces. Their certified technicians can handle issues such as:

  • Inconsistent heating
  • Strange noises
  • Pilot light problems
  • Faulty thermostats

For homeowners searching for “furnace repair near me,” MACKAY Heating & Cooling is a top choice in the Niagara Region. They provide fast response times, transparent pricing, and long-term solutions to keep heating systems running efficiently throughout the cold season.

Expert Heat Pump Repair and Installation Services

Heat pumps are a popular, energy-efficient option for homes in the Niagara Region. However, like any HVAC system, they can experience wear and tear over time. MACKAY Heating & Cooling offers reliable heat pump repair services to restore your system’s performance.

Common heat pump issues they address include:

  • Insufficient heating or cooling
  • Unusual noises
  • Ice buildup
  • System short-cycling

Their team of experts provides prompt and effective repairs to ensure your heat pump operates efficiently year-round.

Water Heater Repair in Niagara Region

A malfunctioning water heater can disrupt daily life. MACKAY Heating & Cooling offers expert water heater repair services for both conventional and tankless systems. Their technicians are trained to handle a variety of issues, including:

  • Inconsistent water temperatures
  • Leaks and corrosion
  • Noisy operation
  • Low water pressure

Niagara Region homeowners searching for local HVAC companies can count on MACKAY Heating & Cooling for fast and affordable water heater repairs. Their team ensures that your home always has a steady supply of hot water.

Why Choose MACKAY Heating & Cooling?

MACKAY Heating & Cooling is a trusted name since 1967 among local HVAC companies in the Niagara Region for several reasons:

  1. 24/7 Emergency Services: Available anytime, day or night, to handle HVAC emergencies.
  2. Experienced Technicians: Certified HVAC technicians who provide quality repairs and installations.
  3. Affordable Pricing: Transparent pricing and financing options make HVAC services accessible to everyone.
  4. Comprehensive Services: Offering everything from furnace repair to water heater repair and heat pump repair.

With a commitment to customer satisfaction and quality service, MACKAY Heating & Cooling has built a strong reputation across St. Catharines, Niagara Falls, Welland, and beyond.

Serving the Niagara Region with Pride

MACKAY Heating & Cooling proudly serves customers across the Niagara Region, including:

  • St. Catharines
  • Niagara Falls
  • Niagara-on-the-Lake
  • Welland
  • Grimsby
  • Thorold
  • Port Colborne
  • Smithville

Whether it’s routine maintenance or an emergency repair, the team is ready to deliver high-quality HVAC services to keep homes and businesses comfortable.

Flexible Financing Options Available

To make HVAC services more affordable, MACKAY Heating & Cooling offers flexible HVAC financing options. Customers can upgrade to a new furnace, air conditioner, or heat pump without the burden of upfront costs. With competitive rates and manageable payment plans, homeowners can keep their HVAC systems in top condition without breaking the bank.

Get in Touch with MACKAY Heating & Cooling Today

MACKAY Heating & Cooling is the trusted partner to call for residents searching for HVAC Niagara or emergency HVAC services. With decades of experience and a commitment to customer satisfaction, they are the go-to choice for HVAC repair and installation in the Niagara Region.

Contact MACKAY Heating & Cooling today to schedule a service or learn more about their HVAC financing options.

Media Agency Contact:
WebHill
Hamayun Akram

The post MACKAY Heating & Cooling: St. Catharines’ Trusted Local HVAC Company Offering Emergency Services Across Niagara Region appeared first on Pinion Newswire.

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Massive Growth Ahead: OG Brands by DNO Group’s heavy Investment in Hong Kong Cross-Border Operations

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4 weeks ago

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January 9, 2025

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OG Brands by DNO Group is poised to redefine cross-border e-commerce and retail in 2025, driven by a transformative $10 million USD investment in its Hong Kong operations. This bold move reflects the company’s vision to establish a robust foothold in Asia while strengthening its global market presence in the beauty and wellness sectors.

Hong Kong’s strategic location and sophisticated infrastructure make it an ideal hub for cross-border commerce. For OG Brands by DNO Group, it represents not just a market but a gateway to broader opportunities in Asia. The new investment will enhance the company’s ability to deliver seamless operations, innovative solutions, and elevated customer experiences across the region.

“This is more than just an investment; it’s a statement of our commitment to redefining the future of global beauty and wellness distribution,” said Ofri Shaysh, Co-Founder and Co-CEO of OG Brands by DNO Group. “By strengthening our cross-border operations in Hong Kong, we are unlocking significant growth potential and laying the foundation for sustained innovation in a competitive market.”

Key Initiatives for 2025

To realize its ambitious goals, OG Brands by DNO Group is focusing on several critical initiatives:

  • Infrastructure Development: Transforming its Hong Kong operations into a high-performance regional hub to support efficient logistics, supply chain management, and customer engagement.
  • Strategic Partnerships: Expanding collaborations with leading e-commerce platforms and retail giants to widen market access and drive brand visibility.
  • Innovative Marketing: Deploying advanced, data-driven marketing strategies tailored to the preferences of the Asian market to ensure impactful customer engagement.
  • Technology Integration: Leveraging cutting-edge technologies to optimize operations, from inventory management to digital storefronts, ensuring seamless experiences for partners and consumers alike.

Why Hong Kong?

Hong Kong’s unique blend of connectivity, advanced infrastructure, and proximity to key Asian markets makes it the perfect location for OG Brands’ expansion. As a global financial and trade hub, it offers a business-friendly environment that aligns with OG Brands’ ambitious vision for growth and market leadership.

A Vision for the Future

This latest investment underscores OG Brands by DNO Group’s commitment to staying ahead of market trends, embracing innovation, and driving value for its partners and customers. The company’s holistic approach to growth – combining strategic investments, cutting-edge technologies, and a customer-centric mindset – positions it as a key player in shaping the future of the beauty and wellness industry.

As the company gears up for this transformative journey, it invites partners and stakeholders to join in its mission to set new benchmarks for success.

Visit www.dno-group.com to stay updated on OG Brands by DNO Group’s groundbreaking initiatives and 2025 vision.

The post Massive Growth Ahead: OG Brands by DNO Group’s heavy Investment in Hong Kong Cross-Border Operations appeared first on Pinion Newswire.

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