Kryvyi Rih Trolleybus Project - Due Diligence

Ukraine Public Transport Framework

     The European Bank for Reconstruction and Development (EBRR) has approved the Ukraine Public Transport Framework in the amount of EUR 100 million to support investments in public transport renewal in Ukrainian cities.

      Kryvyy Rih with a population of 630,000 inhabitants is one of the largest industrial centers and the longest city of Ukraine (66 km of length). Its trolleybus fleet, which is a widely presented and affordable urban transport for the citizens, is suffering from under-investment. As in other Ukrainian municipalities, in Kryvy Rih, municipal assets of municipal public transport with significant investment needs are aging, as well as an inefficient public transportation system that requires urgent reforms. Therefore, EBRD decided to allocate 8 million euro for infrastructure modernization program.

Ukraine
Kryvyy Rih
Date: 25.10.2017 – 25.12.2017
Duration: 2 months
Client: Public Utility “City trolleybus”
Funding: EBRD - EUR 8 million

Project overview

The ultimate goal of the Ukraine Public Transport Framework (UPTF) is to support the development of reliable passenger transportation service through investments in:

  • Acquisition of up to 50 new trolleybuses 
  • Rehabilitation and modernization of trolleybus infrastructure;
  • Renovation of depot and acquisition of new maintenance equipment.

Our missions

Within this project, the Egis team will perform the following tasks:

  • Analysis of the transport operator with the following conclusions regarding the appropriateness of the proposed investments;
  • A thorough diagnosis of existing demand and the public transport market taking into account the regulatory and institutional framework;
  • Development of investment plan (including financial analysis and corresponding business model).