The Kyiv Regional State Administration expects to present to potential investors the project of constructing the Great Ring Road bypassing the capital before the end of July this year.

Head of the KCSA Maksym Melnychuk noted that the GRR is considered one of the main strategic directions of the region's development this year. According to him, by the end of July the administration will be able to directly demonstrate the project to interested parties.

As Melnychuk clarified, the total length of the ring road around Kyiv will reach about 193 km, and the required investment volume is estimated at approximately $2 billion.

He also reported that negotiations are underway with a number of foreign partners, including France and China, which express readiness to participate in the implementation of this plan.