By KYIV. Oct 24 (Interfax-Ukraine) – The city authorities intend to negotiate with the European Investment Bank regarding funds for the comprehensive modernization of 220 metro cars, as well as the acquisition of 95 new ones.
“According to the memorandum of understanding between Kyiv and the European Investment Bank on the restoration of urban infrastructure dated November 28, 2022, the modernization of the Kyiv Metropoliten rolling stock with an estimated cost of EUR 450 million is one of the priority investments. Therefore, the department of finance of Kyiv City State Administration was instructed to conduct appropriate negotiations with the bank on the terms of attracting loan funds. In total, using loan funds from the European Investment Bank, it is planned to renew about 40% of the metro rolling stock,” the Kyiv City State Administration website reported.
It is noted that due to the full-scale Russian invasion, Kyiv Metropoliten is forced to quickly look for opportunities to update its transport fleet, since most of the capital’s metro cars were built by Russia during 1979-2013.
“They are morally and physically outdated due to their long service life. In addition, they contain equipment and components from the aggressor country, so purchasing spare parts from it is unacceptable,” the Kyiv City State Administration emphasizes.
It is indicated that the implementation of this project will improve the comfort and efficiency of urban transport, as well as expand opportunities for movement of people with disabilities, reduce the level of pollutant emissions and save energy.
