Kiev is already a gem.  This will polish it.  Link: Kyiv Post. Government unveils $10 billion Kyiv beltway project.

Ukrainian government officials revealed on March 20 plans to construct a 213-kilometer beltway to encircle Kyiv and its satellite neighborhoods to relieve traffic congestion in the city’s central districts and foster economic growth. The “Velyka Okruzhna,” planned by foreign developers in conjunction with Ukrainian national and oblast government officials, would be the most expensive development project ever pursued in Ukraine, costing an estimated $10 billion. “The highway will change the oblast picture for the better, linking suburban neighborhoods to the capital, thereby attracting further investment into the whole region,” said Vira Ulianchenko, head of the Kyiv State Oblast Administration. If implemented, the beltway should steer traffic away from the center, boost real estate values and ignite a development and population boom, changing the character of Ukraine’s capital.