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The Ukrzaliznytsia public railway company will invest UAH 5.6 billion in upgrade of rolling stock (purchase of new and upgrade of existing) in 2016.

Steady operation of a freight train on the so-called new "Silk Road" requires Ukrainian membership of the Trans-Caspian International Transport Route (TMTM) and establishment of a single through tariff.

Railway freight rates will increase by 15% on 1 May and increase by the average annual rate of 10%. The Ukrzaliznytsia public railway company’s acting Board Chairman Yevhen Kravtsov announced this.