{"id":150918,"date":"2024-11-22T20:15:33","date_gmt":"2024-11-22T10:15:33","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=58060"},"modified":"2024-11-22T20:15:33","modified_gmt":"2024-11-22T10:15:33","slug":"ukraine-has-160-million-euro-budget-for-rail-development-in-2025","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=150918","title":{"rendered":"Ukraine has 160 million euro budget for rail development in 2025"},"content":{"rendered":"

The Ukrainian rail network can count on 7 billion Ukrainian hryvnia (approximately 160 million euros) in 2025. The money will go to co-financing of projects with international funds, the so-called Eurotrack, terminal, rails and passenger wagons.<\/strong>
\n<\/span>“We are grateful to everyone involved in the budget process for the principled systemic decisions: for the first time in the history of Ukraine, a targeted budget program for co-financing railway infrastructure projects with international funds has been provided\u201d, Ukrainian Railways\u2019 board chairman Oleksandr Pertsovsky said. \u201cIt makes it possible to attract significant European resources for the modernisation of the railway. This is how, for example, Poland’s infrastructure was rapidly developed.\u201d<\/p>\n

Where is the money going to go?<\/h2>\n

Ukraine plans to spend 28 million euros on intermodal terminals and the Eurotrack, which is standard gauge railway infrastructure that links up with European rail and the TEN-T network. Moreover, 42 million euros will be allocated to a joint project with France for the purchasing of additional rails. Some 3 million euros will go to the co-financing of infrastructure projects with international funds.<\/p>\n

More than half of the budget will be allocated to the acquisition of new passenger wagons, as a continuation of successful domestic production programmes of recent years. Within that framework, the country managed to produce 100 wagons and is building 66 more.<\/p>\n