Investment company Concorde Capital is going to implement a project to reconstruct the Kyiv Bus Station, located near the Central Railway Station. This was announced by Concorde Capital founder Ihor Mazepa, Komersant ukrainskyi with reference to Interfax-Ukraine.
“My colleagues and I came up with an idea, why don’t we go in… take a closer look at the transport market from the investment point of view… At Concorde, we decided to enter this market through infrastructure projects… (to start) with the reconstruction of the well-known Kyiv bus station, which is located in the city centre near the railway station,”
– mazepa said during a video call at the conference “Reforming Passenger Bus Transportation in Ukraine”.
According to the investment company, the daily passenger flow at this station is about 10,000 people, with approximately 400 bus routes.
Mazepa noted that the central bus station was in a terrible state until recently.
“Now our task, our mission, is to carry out a human reconstruction in accordance with European standards. I can assure you that you will soon see the changes that will take place there,”
– emphasised Mazepa.
At the same time, the founder of the investment company noted that the reconstruction would require significant capital investments, and accordingly hinted that the station’s services would become more expensive.
“We are not afraid of this and we can guarantee that our customers and passengers will receive the highest quality service in the near future. Of course, we will ask that such services be paid for fairly,” said Mazepa.
According to Igor Sotnyk, director of Concorde Capital’s investment banking department, the reconstruction of the bus station is planned in two stages. The first stage, which involved separating bus and car traffic, has already been completed. The second stage will involve the improvement of the bus station building.
“We are now finalising the mix of tenants who will be present there in accordance with the needs of passengers. There will be a waiting area, a food court, a comfort zone, a children’s room, a first aid post, and commercial premises,”
– sotnyk explained, adding that a working draft will be developed after the concept is finalised.
The possibility of creating services for carriers, such as service stations and car washes, is also being considered. The technical possibilities for their placement are being studied.
Sotnyk also noted that the exact timing of the start of work will be known after the completion of the working documentation, but he hopes that this will happen in early 2025.
Mazepa estimated the legal road haulage market in Ukraine at almost UAH 7 billion. According to him, taking into account illegal transportations and those from which taxes are not paid, the real size of the market is “many times larger”.