KHARKIV. July 20 (Interfax-Ukraine) – Representatives of the European Investment Bank (EIB) have approved a financial contract for a loan of EUR160 million for the construction of new metro stations in Kharkiv, First Deputy Mayor Ihor Terekhov has said.
“We have achieved agreement on virtually all items of the financial contract, which will allow issuing the loan to Kharkiv,” the press service of Kharkiv City Council said citing the official.
According to him, at a meeting in Kyiv representatives of the EIB, Kharkiv City Council, the Ministry of Finance, the Ministry of Economic Development and Trade, the Ministry of Regional Development and the Ministry of Infrastructure discussed all the financial components of the loan for EUR160 million, as well as technical issues related to the construction of new metro stations. In addition, the parties approved all tranches of the loan, based on the schedule of subway construction.
“We’ve also discussed a number of technical issues regarding the future construction of the third subway line, the purchase of rolling stock and the construction of an electric depot. This gives us green light to receive a loan from the European Investment Bank for metro building,” Terekhov said.
