EBRD To Invest EUR 150-200 Million In Ukrainian Transport Industry In 2018

16 April 2018 17:30

The European Bank for Reconstruction and Development (EBRD) plans to sign 3-4 additional contracts worth a total of EUR 150-200 million in the Ukrainian transport industry this year.

The EBRD’s Transport Director Sue Barrett announced this at a press conference on Wednesday, the CFTS correspondent reports.

According to her, the EBRD is cooperating with the Ukrainian Railways public joint-stock company (Ukrzaliznytsia) and supporting the port industry.

The EBRD’s Director for Ukraine Sevki Acuner said that the bank would sign about 25-30 contracts in all sectors this year.

He also expressed support for the concession law, the first reading of which the parliament approved on April 3, and said that he expected greater investments after introduction of the law.

As the CFTS reported, Lviv will receive a credit from the EBRD for purchase of 50 trolleybuses and repair of a depot. Kremenchuk also plans to use EBRD loans to finance purchase of additional autonomous trolleybuses.