Kharkiv Metro Expansion | Accountability Console
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Kharkiv Metro Expansion

Sectors

Infrastructure

Description:

Projects in this Sector: 550

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Issues Raised

Community health and safety

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Projects with this Issue Raised: 336

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Consultation and disclosure

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Projects with this Issue Raised: 495

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Cultural heritage

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Projects with this Issue Raised: 113

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Displacement (physical and/or economic)

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Projects with this Issue Raised: 440

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Pollution

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Projects with this Issue Raised: 219

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Water

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Projects with this Issue Raised: 187

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Project Information

Investment ID: 20130199

Bank: European Investment Bank

Environmental Category: Unknown

Country: Ukraine

Region: Europe and Central Asia

Approval Date: None

Investment Types: Loans

Total Project Cost: EUR 330.0 million

Total Complaints: 1

Description

The European Investment Bank (EIB) is lending EUR 160m to finance improvements to the public transport system in Ukraine’s second largest city. EIB funds will support the extension of the Kharkiv metro network to a residential area with a high population density, making it more attractive for commuters. The EIB loan will facilitate the shift away from an excessive car use to a more sustainable transport system with positive consequences on climate and the quality of the urban environment in the city. It will contribute upgrading public transport in the southern part of the city of Kharkiv, an area which is currently only served by trolleybuses, buses and mini buses. This project involves the extension of the existing Green Metro Line by 3.5 km, including two new metro stations – “Derzhavinska” and “Odeska”, the construction of a new depot and the renewal of the fleet via the purchase of 85 new rolling stock units, making up 17 five-car trains. The works are expected to be completed by the end of 2023. The project will be co-financed with the European Bank for Reconstruction and Development.

Investments

Investment Type ID Amount Status Bank Client
Loans 20130199 EUR 160.0 million Planned EIB KP Kharkivsky Metropoliten

Related Complaints

European Investment Bank CM Complaints IAM Country Date Filed Status
Kharkiv Metro Expansion EIB CM Ukraine 22/01/2019 Monitoring