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EBRD, EIB to allocate €320 million to expand Kharkiv metro

Source : 112 Ukraine

It is reported that in Kharkiv there will be two new subway stations and renewed trains
15:15, 11 December 2017

Kharkiv subway

The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) will allocate 320 million euros for the expansion of the metro in Kharkiv. Another 10 million euros will be allocated from the Kharkiv budget. Such agreement was signed today by Kharkiv Regional State Administration chairman Yuliya Svitlychna, as the administration press service reported.

"Financial agreements for the further construction of the Kharkiv Metro have just beensigned. The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) will provide the resources. We are grateful to Ukraine’s president, the government and international financial organizations for supporting the development of the region," Svitlychna said.

It is reported that 330 million euros will be allocated for the expansion of the metro: 160 million from each EBRD and the EIB and 10 million from the Kharkiv city budget.

"This enable us to build two metro stations in the direction of the airport, a new electric depot and purchase a new train with 85 wagons," Svitlychna added.

Related: Hepatitis outbreak in Kharkiv region: number of patients rise to 29 people

As it was reported earlier Wizz Air announced its re-start of operations from Kharkiv on November 27. This will become the carrier’s third Ukrainian airport, along with 5 new routes to be launched in 2018 from the regional airports of Lviv and Kharkiv.

First flights from Kharkiv are to be launched next year. Starting April 2018, there will be flights to Dortmund (Germany), while starting June – to Katowice (Poland).

Related: Trump's adviser Giuliani arrived in Kharkiv

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