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The European Investment Bank has allocated an additional €50 million for the modernization of Ukrainian railways

The European Investment Bank has allocated an additional €50 million for the modernization of Ukrainian railways
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The European Investment Bank has allocated an additional €50 million to Ukrzaliznytsia for the modernization of railway border control points.

This was reported by the Ministry of Community Development and Territories of Ukraine. This funding is the final installment of a broader €150 million financing package from the EIB aimed at modernizing Ukraine’s railway system, initially approved in 2016. The first tranche of €100 million was transferred to Ukrzaliznytsia in 2022 as part of the EIB’s emergency response to support Ukraine, primarily for urgent repairs and the restoration of essential railway services.

"Railway infrastructure has become one of Ukraine’s key lifelines, ensuring the movement of goods, the provision of essential services, and strategic connectivity with the European Union. We welcome the decision to allocate €50 million from the European Investment Bank to modernize our railway border control points. This is an important step in restoring and developing border infrastructure. The initiative will open new opportunities for freight transport and bring us even closer to integration with the European Union," said Oleksii Kuleba.

The €50 million will be directed towards joint projects with the EU under the Connecting Europe Facility 2022 program. The funds will be used for the development of border infrastructure and the modernization of railway checkpoints, specifically:

  • Yahodyn – Dorohusk (border with Poland);
  • Mostyska I and II – Medyka (Poland);
  • Chop – Čierna nad Tisou / Záhony (Slovakia / Hungary);
  • Vadul-Siret – Dornești (Romania).

This modernization will strengthen Ukraine’s integration into the European transport network, increase capacity on the western route, and reduce border crossing times.

 

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