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                        THURSDAY, MARCH 28, 2024
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City of Kyiv seeks how to implement ‘tram-train’ project backed by IFC
Journal Staff Report

KYIV, Jan 4 – The City of Kyiv together with consultants by the end of spring 2018 will complete the development of a feasibility study for the "tram-train" project to connect tramway and train links within the city to offer its financing to the International Finance Corporation (IFC) from the World Bank Group, Director General of the Kyiv Investment Agency Oleh Mistiuk has reported.

"By the end of spring there will a full feasibility study for the" tram-train" project, with which we can already appeal to Ukrzaliznytsia for consent to use its tracks in Kyiv, and then to the IFC credit committee for $160-200 million (most of the funds will be spent on the purchase of rolling stock)," he said in an interview with Interfax-Ukraine.




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