The International Finance Corporation (IFC), which is part of the World Bank Group, plans to launch a number of projects involving upgrade of urban passenger transport fleets in Ukrainian cities. Jason Pellmar, IFC Regional Manager for Ukraine, and Belarus, announced this in an interview with the CFTS.

"We are starting work with municipalities in the area of infrastructure. In the first stage, we want to focus on development of urban transport. We are currently negotiating with Kyiv, Mariupol, Khmelnytskyi, and some other cities," Pellmar said.

According to him, some projects may yield results by the end of this year, including a project involving purchase of trolleybuses in Mariupol.

"In Kyiv, we are performing an analysis together with the World Bank. In general, we are considering a plan for development of the transport system, including light rail, roads, and bus rapid transit (BRT)," he said.

He did not specify the projects that the IFC has already decided to support. Determination of the optimal financing options for the cities is currently underway, and "it is too early to disclose all the figures," he said. In addition, Pellmar said that the IFC's cooperation with cities was not limited to the transport sector.