JSC Ukrzaliznytsia and the European Bank for Reconstruction and Development (EBRD) are stepping up the implementation of joint investment projects in the railway sector, in particular, the project to modernize the Dolynska-Mykolaiv-Kolosivka railway section and the project to buy rolling stock, Ukrzaliznytsia has said in a report.
According to the company, Ukrzaliznytsia and the EBRD considered a general strategy of follow-up actions to conduct international tenders for the purchase of cars under a joint project to purchase rolling stock totaling $150 million excluding VAT.
“The company will put up a significant amount of lots for bidding. This will stimulate competition and help attract a wide range of participants. We are planning to announce the tender by the end of March,” Director for Strategic Development and Investment Policy at Ukrzaliznytsia Anton Sabolevsky said.
He also said that measures are currently being taken to accelerate the implementation of the project to modernize the Dolynska-Mykolaiv-Kolosivka railway section, the cost of which excluding VAT is about EUR 350 million with a share of EBRD financing being EUR 150 million.
“Now, in cooperation with the ministries, a package of documents and other organizational measures necessary for ratification by the Verkhovna Rada of Ukraine of the relevant agreement with the EBRD are being prepared. Also, Ukrzaliznytsia is holding open international tenders to select a FIDIC engineer for technical supervision and a contractor for work along with the preparation of relevant tender documentation on the ECEPP electronic platform, which is administered by the EBRD,” Sabolevsky said.
Ukrzaliznytsia also reported that in the near future a meeting will be held with representatives of the European Investment Bank to review the current state of the project portfolio of this international financial institution.
