Kyiv receives €50 million to replace Russian metro rolling stock
Pravda Ukraine
The European Investment Bank (EIB) has agreed to fund the renewal of rolling stock for the Kyiv Metro.
Source: Kyiv City Council press service
Details: This is the first tranche of a €200 million loan. The rest will be provided upon completion of a feasibility study on the acquisition of new metro carriages rather than upgrading existing ones.
The total amount will enable the Kyiv Metro to renew or replace 120-160 carriages.
Most of the Kyiv Metro’s rolling stock consists of passenger carriages built by Russia over the period of 1979-2013.
The Kyiv City State Administration says these are obsolete and worn out. Moreover, they contain Russian equipment and components, and the procurement of spare parts from Russia is unacceptable.
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