The European Reconstruction and Development Bank can suspend crediting of "Ukrzaliznytsi" on infrastructure development in the direction of the Nikolaev ports

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The European Reconstruction and Development Bank can suspend crediting of "Ukrzaliznytsi" from - for delays in reforming.

The main international creditor of the Ukrainian state transport branch, the European Reconstruction and Development Bank, can suspend cooperation with "Ukrzaliznytsey" from - for delays in reforming of railway branch, transfers RZD-Partner.

Doubts of bank are connected with lack of structural changes in the branch, providing increase of solvency of the Ukrainian railroads.

According to the European Reconstruction and Development Bank, for lack of reform the bank can suspend work on programs of updating of a rolling stock and traveling infrastructure of the Ukrainian railroads.

We will remind, the credit project "Replenishment of Park of Railway Cars" (purchase of freight cars) is initiated by three parties - the European Reconstruction and Development Bank, EIB and "Ukrzaliznytsey" at the beginning of of this year

The question price here makes $147 million, such is project cost.

Besides, the credit project of development of railway infrastructure in the direction of ports of the Nikolaev sea region and the Crimea (including site electrification Kremenchug - Burta - Koristovka) is studied.

According to Mintranssvyaz of Ukraine, crediting volume in development and modernization of railway infrastructure has to reach $1 billion

Our reference:

According to European Reconstruction and Development Bank data in Ukraine, since 1999 and as of the beginning of this year the bank provided to "Ukrzaliznytsa" credit resources for total amount about $240 million

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