UKRAINE TRANSPORT CONNECTIVITY

Promoter – Financial Intermediary

STATE ROAD AGENCY OF UKRAINE (UKRAVTODOR),UKRZALIZNYTSIA

Location

• Ukraine

Description

The project consists of a framework loan for the financing of a series of small-scale transport projects addressing transport bottlenecks in Ukraine.

Objectives

The framework loan will finance investment in small-scale transport infrastructure projects, defined as less than EUR 20 million on a standalone basis, that address 'transport bottlenecks' on the European transport networks in Ukraine. The investment is designed to improve connectivity in the Eastern neighbourhood, provide valuable support for small-scale transport investment for projects with significant positive impact locally, and help to realise projects that can deliver tangible results for citizens. In addition, the investment is expected to improve road safety and have positive impact on economic development.

Comments

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

Sector(s)

• Transport - Transportation and storage

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 101 million

Total cost (Approximate amount)

EUR 110 million

Environmental aspects

If situated in the EU, some of the infrastructure schemes may fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU and a screening by a competent authority would be required to determine whether an EIA were required. The environmental process followed for the individual schemes and compliance with the Bank's environmental and social standards will be assessed during the project appraisal and the subsequent individual scheme allocation appraisals.

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

Signed - 17/12/2018