EBRD supports Ukrainian urban transport renewal
The EBRD has launched a €250 million facility to finance urban transport renewal in Ukraine, under its recently approved Ukraine Public Transport Framework II.
The population of Poltava will soon be the first to enjoy journeys on up to 40 new energy efficient and ecologically friendly trolley low-floor buses thanks to a €10 million EBRD loan. The financing will be extended to the municipal transport company Poltavaelectroavtotrans, which operates 10 trolleybus routes with a total length of 194 kilometres in the central Ukrainian city of 300,000.
The investment programme will benefit from almost €450,000 in grant support provided by the EU Municipal Project Support Facility. The investment programme will benefit from almost €450,000 in grant support provided by the EU Municipal Project Support Facility.
