The European Bank for Reconstruction and Development (EBRD) is considering providing a loan of up to EUR 36 million to the Republic of Kosovo, to be on-lent to Infrastructure of Kosovo Railways JSC (INFRAKOS). The loan will finance the urgent rehabilitation and upgrading of the southern section (Fushe Kosove –
Tag "EBRD"
The Montenegro Railway Infrastructure Company (ZICG) intends using the proceeds of a loan from the European Bank for Reconstruction and Development for a project to undertake emergency rehabilitation of the railway infrastructure. The initial project, which had a total estimated cost of EUR 17.0 million equivalent has been completed; an
The European Bank for Reconstruction and Development is considering providing a EUR 10.0 million (KZT 2.46 billion) loan to Pavlodar Tram Management Company support to improve public transport services in the city . Pavlodar Tram Management Company is wholly owned by the Pavlodar Oblast Akimat (the Oblast Akimat) through its asset management company Joint-Stock
USD 30 million EBRD loan for Kazakh rail operator Eastcomtrans
The European Bank for Reconstruction and Development (EBRD) is providing a financing package equivalent to US$ 30 million for one of the largest private railway operators in the country, Eastcomtrans LLP. According to an agreement signed in Almaty, the funding will be provided in the Kazakh currency, tenge. The financing will
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Ukraine: Construction works for Lviv fast tramway system to be completed in 2015
Approximately 30% of the construction works for the project “Construction of the tram line to the residential area Sykhiv (from Uhorska-V.Vernadskoho str.) on tram line 4 (including rehabilitation of underlying utilities)”, Lot 1, have been completed. Works have started in July 2014 and are carried out by the Turkish company Onur Taahhüt Taşımacılık
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Turkey’s third-largest city, Izmir, is expanding its light-rail system with a comprehensive financing package put together by the European Bank for Reconstruction and Development (EBRD) and its partners. To meet growing demand Izmir is investing EUR 157 million in a significant expansion of its urban transport network. The EBRD is
EBRD is providing EUR 52.5 million to the state-owned railway company, Calea Ferată din Moldova (CFM). The loan, signed by Moldova’s Prime Minister Iurie Leancă and EBRD Director for Transport, Sue Barrett, in Chișinău today, will be used to co-finance the acquisition of around 10 new multi-purpose locomotives and the
The European Bank for Reconstruction and Development (EBRD) has approved a EUR 145 million to FYR Macedonia for the construction of the second phase of the railway to Bulgaria, the Beljakovce – Kriva Palanka railway section (33.9 km), part of pan-European Corridor VIII. The loan was obtained under exceptionally favorable conditions, according
The European Bank for Reconstruction and Development (EBRD) is providing a 30 billion tenge (local currency equivalent of €121 million) to Kazakhstan’s national rail company, Kazakhstan Temir Zholy (KTZ), to finance the purchase of equipment for logistics and infrastructure maintenance. The project will serve the main priorities for KTZ, to
EBRD: EUR145 million loan to finance construction of a new section of Pan European Rail Corridor VIII in FYR Macedonia
The EBRD is considering providing €145 million sovereign loan to finance construction of a new section of Pan European Rail Corridor VIII in FYR Macedonia. The length of the section, connecting Beljkavce -Kriva Palanka, is approximately 34 km. This is the second phase of the total investment programme required to
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