Today, November 25, at its session, the Government approved the order of the Cabinet of Ministers "On attracting a loan from the EIB for the project "Ukraine Urban Public Transport II" in the amount of EUR 200 million to be used to upgrade public transport fleets in various Ukrainian cities.

The Government also approved the President's order "On the Delegation of Ukraine to Participate in Negotiations with the EIB on the Conclusion of the Financing Agreement on Urban Public Transport of Ukraine II" and authorized the Minister of Infrastructure Vladyslav Kryklii to sign the agreement.

"The Government has just given the green light to the continuation of our joint project with the EIB to upgrade public transport in various Ukrainian cities and authorized me to sign a financial agreement with the Bank from the Ukrainian side. We already have successful examples of the implementation of this important project. As a result, public transport parks are currently being renewed in more than 10 Ukrainian cities. Among those are: Kyiv, Kharkiv, Lviv, Odesa, Ternopil and Mykolayiv. In turn, "Urban Public Transport II" will envisage the purchase of exclusively electric public transport - trams, trolleybuses, electric buses, subway cars, as well as the construction and renovation of tram and trolleybus lines, replacement of traction substations. This will not only significantly reduce emissions in cities but also bring us as close as possible to European standards," said the Minister.

Vladyslav Kryklii added that 18 cities participating in the project have already been determined. These are Severodonetsk, Vinnytsia, Uzhhorod, Cherkasy, Kremenchuk, Bila Tserkva, Melitopol, Kamyanske, Khmelnytsky, Ternopil, Kryvyy Rih, Dnipro, Lutsk, Zaporizhia, Lviv, Poltava, Odesa and Chernivtsi. Their final list will be formed after the ratification of the financial agreement with the Bank.

Background

The European Investment Bank has been a partner of Ukraine in financing public transport infrastructure since 2007. The EIB-funded Ukraine Urban Public Transport technical assistance project contributes to the successful implementation by the Ministry of Infrastructure and the participating cities of urban public transport renovation projects.

The project also affects road safety in rural areas, relieving pressure on transport routes and stimulating the transition from private to public transport. In addition, it is gradually bringing Ukraine closer to the relevant technical standards that meet current EU standards.