The Ukrainian Railways joint-stock company (JSC Ukrzaliznytsia) and DAI Global LLC have signed a memorandum on the implementation of the "Economic Support for Ukraine" international technical assistance project for the development of Ukrainian grain exports by rail, funded by the United States Agency for International Development (USAID).
Ukrzaliznytsia announced this in a statement, the CFTS portal reports.
According to the statement, the memorandum provides for assisting the Ukrainian railway monopoly in the repair and restoration of grain hoppers and the purchase of locomotives for pulling grain cars. The memorandum also aims to reduce the cost of grain transportation by improving cross-border cooperation on transportation fees and regulations, facilitating joint efforts to reduce costs and increase the efficiency of cargo weighing and scanning, and improving handling equipment.
The memorandum also provides for the provision of comprehensive services involving the design and construction of facilities at priority border crossing points (BCPs), which will increase the capacity of Ukraine and its rail network to export agricultural products.
As part of the project, DAI Global may support, among other things, the modernization of border crossing infrastructure, the procurement of shunting locomotives and weighing equipment, and the monitoring of freight traffic, with a focus on grain.
The company will also facilitate and support efforts to raise additional financing, including from international financial institutions, for the implementation of infrastructure projects.
DAI Global is a private development company with offices in more than a dozen countries. DAI Global works in developing and transition countries in the areas of water and natural resource management, energy, development finance, economics, trade, agriculture, and agribusiness.
