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UKRAINE RAILWAY MODERNIZATION

Signature(s)

Amount (.*)
€ 156,655,000
Countries
Sector(s)
Ukraine : € 156,655,000
Transport : € 156,655,000
Signature date(s)
7/06/2023 : € 6,655,000
19/12/2016 : € 150,000,000
(*) Including a € 6,655,000 Investment Grants provided by the NEIGHBOURHOOD INVESTMENT PLATFORM
Link to source

Summary sheet

Release date
26 January 2015
Status
Reference
Signed | 19/12/2016
20120197
Project name
Promoter - financial intermediary
UKRAINE RAILWAY MODERNISATION
UKRZALIZNYTSIA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 157 million
EUR 220 million
Location
Sector(s)
Description
Objectives

The project will finance the modernisation of approximately 250 km of railway lines in the southern regions of Ukraine.

The project aims to improve Ukraine's transport infrastructure and promote sustainable transport. It is also identified in the Eastern Partnership Transport Panel, designed to enhance regional cooperation in the sector.

Environmental aspects
Procurement

If located in the EU, the project would be likely to fall under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU and therefore be subject to screening. Appropriate screening procedures will be put in place in relation to natural habitats and protected species, as well as land acquisition/resettlement. Relevant analysis of social risks and impacts of the project will also be duly carried out as part of the appraisal, in accordance with the EIB Social Standards.

The promoter is a public entity. The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - UKRAINE RAILWAY MODERNIZATION
Publication Date
14 Dec 2016
Document language
Main Topic
Lending
Document Number
67131429
Document Focus
Environmental Information
Project Number
20120197
Sector(s)
Countries
Publicly available
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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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