Ukraine to improve rail connectivity
The European Bank for Reconstruction and Development (EBRD) is contributing to the increased efficiency of the Ukrainian railways (UZ) by supporting the electrification and modernisation of a 253 km stretch of railway line in southern Ukraine. The track connects the country’s major industrial and agricultural areas to the key Black Sea ports of Odessa and Mykolaiv.
A 15-year sovereign-guaranteed loan of up to EUR 150 million to UZ will help electrify and connect the Dolynska-Mykolaiv-Kolosivka railway line to the high voltage grid, and install a second track on the single track sections on the Dolynska-Mykolaiv railway line.
The two schemes will increase overall throughput capacity and efficiency of the railway operations. (ben)