Release date: 14 November 2011
Promoter – Financial Intermediary
UKRAINIAN STATE AIR TRAFFIC SERVICE ENTERPRISELocation
Description
The project consists of the upgrade of the Ukrainian air traffic control facilities at various airport sites as well as remote locations throughout Ukraine.
Objectives
The project will contribute to modernising the Air Traffic Management (ATM) infrastructure of Ukraine, in order to meet future demand, improve ATM efficiency, achieve performance targets in compliance with the EU Single European Sky (SES) regulations and maintain required safety levels. In so doing, the project will contribute to the sustainable social and economic development of one of EU's Eastern partner countries.
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
- Transport - Transportation and storage
Proposed EIB finance (Approximate amount)
EUR 41 million
Total cost (Approximate amount)
EUR 119 million
Environmental aspects
The project is expected to have an overall positive environmental and social impact. The project’s compliance with all applicable EU and national environmental legislation will be verified during appraisal.
Procurement
The Bank will require the Promoter to tender contracts for the implementation of the project in accordance with the Bank's guide to procurement, with publication of tender notices in the EU Official Journal, as and where appropriate.
Status
Signed - 12/03/2013
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).