Date: 8 months ago   Category: Financial

Rada ratified the agreement with EIB on €150 million for Ukrzaliznytsi


The agreement provides receiving from EIB of 150 million euros for modernization of the Dolinskaya-Nikolaev-Kolosovka direction. The Verkhovna Rada ratified the financial agreement with the European Investment Bank providing receiving 150 million euros for modernization of Ukrzaliznytsi. Pro the corresponding project at a meeting on Wednesday, October 3, 234 People's Deputies have voted, transfers 112.ua. It is specified that this agreement provides receiving from EIB of money for construction of the second ways, electrification and modernization of systems of the alarm system and communication on the Dolinskaya-Nikolaev-Kolosovka direction. In particular, it is about 20 tranches for 5 million euros. As expected, implementation of the project will allow to increase direction capacity, to provide energy saving when transporting by railway transport and to reduce operational costs. Ukrzaliznytsa expects that implementation of the project will also help to solve problems with the admission of freights in the direction of the Nikolaev ports and will allow to increase the speed of cargo trains for 20-25% that will lead to acceleration of cargo delivery. It is known that the specified financial agreement was signed still on December 19, 2016 in Brussels. It will come into force from the date of entry into force of this law. Earlier the European Investment Bank has approved allocation of a credit line in 50 million euros to help Ukrzaliznytsi and Ukravtodor to liquidate bottlenecks in the European transport networks. Also it was reported that the Ministry of infrastructure has approved six city projects for receiving the credit from EIB. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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