Release date: 26 January 2015
Promoter – Financial Intermediary
UKRZALIZNYTSIALocation
Description
The project will finance the modernisation of approximately 250 km of railway lines in the southern regions of Ukraine.
Objectives
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.
Sector(s)
- Transport - Transportation and storage
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
EUR 157 million
Total cost (Approximate amount)
EUR 314 million
Environmental aspects
If located in the EU, the project would be likely to fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU and therefore be subject to screening. Appropriate screening procedures will be put in place in relation to natural habitats and protected species, as well as land acquisition/resettlement. Relevant analysis of social risks and impacts of the project will also be duly carried out as part of the appraisal, in accordance with the EIB Social Standards.
Procurement
The promoter is a public entity. The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Signed - 19/12/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).