Tag: EBRD
The European Bank for Reconstruction and Development is ready to provide a loan of EUR 300 million.
The loan will be provided under a government guarantee.
In addition to supplying the locomotives, the winner of the relevant tender must establish conditions for the maintenance and warranty repair of the new traction rolling stock within Ukraine.
The contractor will commission the trains, install auxiliary equipment, and train subway staff to operate the trains.
Simplification of the procedures for cooperating with international financial institutions could improve the financing of cities’ public transport-related procurement.
The EUR-200-million project provides for the rehabilitation and modernization of railway infrastructure and renewal of rolling stock.
The European Union will provide EUR 20 million and the government of Moldova EUR 28 million.
The city will receive an additional grant of EUR 4.4 million for purchasing transport equipment.
Procurement is expected to begin by the end of this year.
The EBRD is also working with Ukrzaliznytsia on a new sovereign-guaranteed loan of up to EUR 200 million.
The European Commission will urgently provide EUR 250 million in grants to boost the Solidarity Lanes.
Part of the EBRD loan that was intended for electrification of the Dolynska – Mykolaiv - Kolosivka railway line will be repurposed.
The funds were repurposed from a loan originally intended for financing the Dolynska-Mykolaiv-Kolosivka railway electrification project.
The preparation of projects will be financed jointly by the EBRD and the USPA.
Three new sorting centers and 20 postal depots will be built.
The city council has provided guarantees to the EBRD to allow conclusion of an agreement on financing purchase of subway cars.
An agreement on commencement of preparation for the road reconstruction project has been signed.
Rolling stock will be purchased for the Kyiv subway’s green line.
The EBRD launched 51 new projects in Ukraine in 2019.
The parliament also voted to approve funding for a project for improving road safety in Ukrainian cities.