Today, the Office of the President of Ukraine hosted a signing ceremony of the Memorandum between the Ministry of Infrastructure of Ukraine, JSC Ukrzaliznytsia, Stadler and the Swiss Export Risk Insurance Agency (SERV).
The signing of the document gives a green light to the opening of export financing of Switzerland for Ukraine. The funds will be used for the development of the railway transport sector in the amount of up to EUR 500 million.
For the first time since independence, Ukraine has attracted export financing from Switzerland at the state level. This opens up significant opportunities for the renewal of Ukrzaliznytsia's rolling stock.
"It is important for us that cooperation with Stadler involves not only the purchase of trains but also the localization of production. We need modern world experience, technology and real capacity that could not in the long run, but in 2-3 years to launch new suburban routes City Express in Kyiv, Kharkiv and Dnipro, so we welcome Stadler in Ukraine - it will significantly increase competition and the quality of services in the Ukrainian market," Minister of Infrastructure Olexandr Kubrakov stressed.
The memorandum stipulates for:
- mandatory localization of Stadler production with the construction of a new plant in Ukraine;
- purchase of 60 new electric trains for the City Express project: 30 trains - for the development of suburban communication in Kyiv, another 30 - will be distributed between Kharkiv and Dnipro;
- renewal of rolling stock to ensure interregional connections: there are 20 new regional electric trains and another 10 - long-distance connections.
"We conducted test races of the FLIRT train on the territory of the capital agglomeration. We are currently working on the development of a feasibility study for the project, completing the preparation of technical requirements for rolling stock and platforms. We plan to announce a tender by the end of September. Our goal is to mitigate road congestion on the exit/entrance to Kyiv and to reduce the time of trips to the workplaces of residents from the satellite cities of the capital", the acting Chairman of the Board of JSC "Ukrzaliznytsia" Olexandr Kamyshin.