Switzerland will provide Ukraine with export financing in the amount of up to 500 million euros for the renewal of the Ukrzaliznytsia train fleet.
The authorities signed a Memorandum of Understanding between the Ministry of Infrastructure of Ukraine, Ukrzaliznytsia and Stadler CIS AG, Stadler Rail AG (Switzerland) and the Swiss export risk insurance agency SERV.
According to the executive director of Stadler CIS AG, Alexander Luft, for the first time in history, export financing from Switzerland is being attracted at the state level, which will be directed to the development of railway transport in Ukraine, in particular, the renewal of the train fleet.
The signing of the document gives the start to the opening of export financing of the Swiss Confederation for Ukraine. Funds in the amount of up to 500 million euros will go to the development of the railway transport sector, the press service of the head of state emphasized.
As part of the cooperation, they will not only buy trains, but also build a new plant in Ukraine.
Also, Ukraine intends to purchase 60 suburban electric trains of the Stadler company for Kyiv, Kharkiv and Dnipro.
In addition, the memorandum mentions 20 new regional electric trains and 10 long-distance electric trains manufactured by Stadler for renewal of Ukrzaliznytsia's rolling stock.
