The BONDS and the EBRD agreed a loan of 130 million euros for the electrification of the railway to the South of the country

Ukrzaliznytsia and the European Bank for reconstruction and development on 30 December signed an agreement under which EBRD provides loan BONDS in the amount of 150 million euros for the construction of a second track, electrification and modernization of signaling systems and communication in the direction Dolynska – Mykolaiv – Kolosivka. This was announced acting head of the Board of UZ Evgeny Kravtsov on the page in Facebook.

The total project cost is about 300 million euros.

According to him, the funding of the loan will be guaranteed by the state, and the source of co-financing will be attracted by the Bank funds.

The specified section of the railway passes through the territory of the three provinces, project implementation will allow to increase the capacity of railway transport and to solve problems with delivery of cargoes in ports Nikolaev, predict in the CL.

We will remind, the project of electrification of the specified site for a long time postponed due to lack of funds.