Reference: 20170206
Release date: 1 June 2018

Promoter – Financial Intermediary

UKRZALIZNYTSIA,STATE ROAD SERVICE OF UKRAINE

Location

Description

The project consists of a framework loan for the financing of a series of small-scale transport projects addressing transport bottlenecks in Ukraine.

Objectives

The framework loan will finance investment in small-scale transport infrastructure projects, defined as less than EUR 20 million on a standalone basis, that address 'transport bottlenecks' on the European transport networks in Ukraine. The investment is designed to improve connectivity in the Eastern neighbourhood, provide valuable support for small-scale transport investment for projects with significant positive impact locally, and help to realise projects that can deliver tangible results for citizens. In addition, the investment is expected to improve road safety and have positive impact on economic development.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 51 million

Total cost (Approximate amount)

EUR 110 million

Environmental aspects

If situated in the EU, some of the infrastructure schemes may fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU and a screening by a competent authority would be required to determine whether an EIA were required. The environmental process followed for the individual schemes and compliance with the Bank's environmental and social standards will be assessed during the project appraisal and the subsequent individual scheme allocation appraisals.

Procurement

The Bank will require the promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant applicable EU public procurement rules.

Status

Signed - 17/12/2018

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Ukraine Transport