Infrastructure modernisation and development is of crucial importance for sustainable growth in Ukraine. Yet progress has been limited thus far. Infrastructure investments, including foreign, have been limited to some individual projects, which have not influenced the overall operational efficiency of the infrastructure sector. A tradition of public ownership and operation of infrastructure, coupled with theoretical justifications for government intervention, placed this sector of the economy among the slowest reformers overburdened with government mismanagement.
Restructuring the sector, an efficient supply of infrastructure services, the introduction of private incentives and the creation of an environment conducive to private investment are government policy goals worthy to be pursued. The Infrastructure Monitoring for Ukraine (IMU) programme is designed as a tool to survey the progress in key infrastructure industries, thus supporting reform.
