UKRPOSHTA MODERNISATION AND DIGITALISATION

Promoter – Financial Intermediary

JSC UKRPOSHTA

Location

• Ukraine

Description

The project supports Ukrposhta's investment in logistics network modernisation and related infrastructure.

Objectives

The investment loan would support investment in Ukrposhta's logistics network modernisation, including investment in new sorting hubs and depots, as well as an investment in related IT infrastructure. The investments will help to ensure the quality of universal postal service for businesses and consumers at affordable prices. Moreover, the investment will enhance postal and logistics systems of Ukrposhta to meet the demands of domestic and international supply chains.

Comments

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

Sector(s)

• Services - Transportation and storage

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 30 million

Total cost (Approximate amount)

EUR 62 million

Environmental aspects

Activities related to the modernisation of logistics networks could, if they would be located within the EU, fall under Annex II of the Environmental Impact Assessment (EIA) directive 2014/52/EU amending 2011/92/EU as "Industrial estate development projects". For the investment and activities included in the project which are planned to be carried out in existing facilities that are already used for the same purposes and that are not expected to change their scope due to the project, no EIA would in principle be required.

Procurement

The Promoter has 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 - 6/10/2020