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Ukraine invests over 50 billion hryvnia in the renovation of passenger cars and infrastructure

Ukraine

50.6 billion hryvnia will be allocated for the renovation of passenger rolling stock and infrastructure, and almost 645 million hryvnia - for the construction of a Euro-track from Chop to Uzhgorod.

Ukraine invests over 50 billion hryvnia in the renovation of passenger cars and infrastructure

The Verkhovna Rada of Ukraine, on the proposal of the government, approved a budget declaration, within the framework of which Ukrzaliznytsia may be allocated over UAH 50 billion in the next 3 years for the renovation of passenger cars and infrastructure. Ukrzaliznytsia welcomes this important decision aimed at supporting social railway projects, said Ivan Yurik, Acting Chairman of the Board of Ukrzaliznytsia JSC.

According to the head of the company, the budget declaration, in particular, provides for the allocation of almost 50.6 billion hryvnia for the renewal of passenger rolling stock and infrastructure and almost 645 million hryvnia for the construction of a Euro-track from Chop to Uzhgorod.

“Such support of the unprofitable passenger direction from the state is a worldwide practice, which gives the railway the opportunity to develop and provide high-quality services for the transportation of passengers. Moreover, it will help us to continue the modernization of the company and its further reforming, "- said the acting. Ivan Yurik, Chairman of the Board of Ukrzaliznytsia JSC.

Let us remind you that on Friday the Verkhovna Rada of Ukraine adopted a resolution "On the Budget Declaration for 2022-2024".

As previously reported, it is planned to purchase 100 passenger cars from the State budget in 2021, and in the next two years, 568 cars, 5 high-speed trains, 43 suburban electric trains and 18 suburban diesel trains may be purchased, subject to the allocation of the indicated money funds.

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