European Investment Bank approved on November 23 a EUR 150 million loan to Ukrzaliznytsia for the modernisation of the railway network. This operation is covered by the EU Guarantee for EIB loans outside the EU.
The total cost of the project is EUR 314 million and involves the modernisation of 250 km of railway lines in the southern regions of Ukraine.
The project aims to improve Ukraine’s transport infrastructure and promote sustainable transport. It is also identified in the Eastern Partnership Transport Panel, designed to enhance regional cooperation in the sector.
Share on:
