KYIV. Aug 6 (Interfax-Ukraine) – The European Bank of Reconstruction of Development (EBRD) is considering the possibility of participating in a project to renew Odesa city electric transport by giving “Odesmiskelectrotrans” municipal company long-term funding with EUR 8 million over 12 years, upon the guarantee of Odesa City Council.
According to the City Council’s website, 45 new trolleybuses will be bought with the creditor’s money in accordance with the trilateral memorandum signed on Tuesday.
The agreement was signed by Odesa Mayor Hennadiy Trukhanov, director of the above-mentioned municipal company Dmytro Zheman, and EBRD Senior Banker, Head of Infrastructure and Energy, Mark Mageletsky.
According to the statement, the financial agreement will be signed after the check which is scheduled to take place over the following three months. While speaking with Mageletsky, Trukhanov said that the city was planning to reform the transportation system, increasing Odesmiskelectrotrans bus traffic, and reconsider the city’s route network.
In addition, the ticket system will be substituted for e-tickets, and e-map of transport movement will be created, as well as a timetable system.
Mageletsky said the EBRD is ready to provide consultation and technical help to the city on reform-related issues.
