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    Reference: 20200250
    Release date: 14 January 2021

    Promoter – Financial Intermediary

    KYIV CITY

    Location

    Description

    Project consists of investment in new trolleybuses and metro coaches.

    Objectives

    The investments financed under the operation will improve the quality and sustainability of public transport service in Kyiv and will have a positive effect on the local economy. The investment is expected to deliver socio-economic benefits and savings in terms of travel time, vehicle operating costs and road accident costs, as well as have a positive impact on the environment (decrease in local air/noise emissions and greenhouse gas emissions) as a result of the expected shift of passengers from private cars to sustainable public transport modes.

    Comments

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

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    EUR 217 million

    Environmental aspects

    The purchase of new trolleybuses and metro coaches does not fall within the scope of either Annex I or Annex II of the EIA Directive 2011/92/EU as amended by Directive 2014/52/EU. Therefore, if the project were situated in the EU, no environmental impact assessment (EIA) would be required. The EIB will assess the arrangements for the scrapping of dismissed rolling stock in Ukraine and the storage of hazardous waste material. Overall, compliance with the Bank's Environmental and Social Standards will be assessed during appraisal.

    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

    Under appraisal - 24/09/2020

    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