The Ukrainian Railways joint-stock company (JSC Ukrzaliznytsia) plans to implement nine different projects with the funds that the European Commission and the World Bank intend to provide to Ukraine under a program for expansion of strategic transport corridors (the Trans-European Transport Network (TEN-T) project). The company’s Board Chairman Yevhen Kravtsov recently named the first five projects, the CFTS portal reports.
They include a project for modernization of the Kovel-Yahodyn-state border railway stretch with its subsequent electrification, reconstruction of railway tracks at the Pidbirtsi train station (Lviv region), construction of a new traction substation at the Rozdilna train station, electrification of the Berdychiv-Korosten-Berezhest railway stretch, and increase of the throughput capacity of the Hrebenka-Poltava section.
As the CFTS portal reported earlier, the European Commission and the World Bank have jointly developed an investment action plan for development of infrastructure in Eastern Partnership countries (Ukraine, Armenia, Azerbaijan, Belarus, Georgia, and Moldova). Under this action plan, the European Commission intends to invest EUR 2 billion in railway-related projects, out of which Ukraine could receive EUR 850 million.
In total, 16 railway projects will be implemented in Ukraine, Armenia, Azerbaijan, Belarus, Georgia, and Moldova, including nine Ukrzaliznytsia projects.
In total, almost EUR 13 billion will be invested in the Trans-European Transport Network (TEN-T), which is a Europe-wide network of roads, railway lines, inland waterways, maritime shipping routes, ports, airports, and railroad terminals. The projects foresee a total of 4,800 kilometers of road and rail, 6 ports, and 11 logistics centers. Those projects will make possible the construction and rehabilitation of new and existing roads, rail, ports, airports as well as logistical centers and border crossing points.