EBRD invests in trolleybuses for Kyrgyz Republic

The European Bank for Reconstruction and Development (EBRD) is boosting support for public transport in the Kyrgyz Republic with a US$10.1 million sovereign loan, accompanied by a US$ 5.5 million grant from the EBRD’s Shareholder Special Fund, for the benefit of the municipally owned Bishkek Trolleybus Company.
March 26, 2012 Read time: 1 min
The 2001 European Bank for Reconstruction and Development (EBRD) is boosting support for public transport in the Kyrgyz Republic with a US$10.1 million sovereign loan, accompanied by a US$ 5.5 million grant from the EBRD’s Shareholder Special Fund, for the benefit of the municipally owned Bishkek Trolleybus Company.

The loan will enable the city of Bishkek to buy about 44 high-floor and 32 low-floor trolleybuses, to partially upgrade related infrastructure, and provide support for the introduction of electronic ticketing in the city. This is expected to reduce CO2 emissions from public transport in Bishkek by eight per cent.

Related Content

  • September 7, 2015
    EBRD connects Kosovo to European Railway network
    The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of US$44.5 million to finance the modernisation of Kosovo’s railway infrastructure, deepening regional integration and strengthening the country’s economic development. The loan to Infrastruktura e Hekurudhave të Kosovës (Infrakos), the national railway infrastructure company, will provide funding to upgrade Kosovo’s only international rail link, Rail Route 10. The 148 kilometre-long line is divided into three section
    Read More
  • December 20, 2013
    Green buses for Kazakhstan
    The European Bank for Reconstruction and Development (EBRD) is to make a loan of up to US$18.8 million to Avtobusnyi Park Kyzylorda, a municipal public transport company in the city of Kyzylorda, for purchasing of up to 100 green buses that run on CNG (compressed natural gas), the depot workshop equipment and GPS dispatching system. Krymbek Kusherbayev, of Kyzylorda Oblast, said: “Our citizens deserve better urban transport services. Today the local authorities and SPK Baikonur are pleased to receive EB
    Read More
  • March 15, 2012
    EBRD investment to modernise Serbia's railways
    The European Bank for Reconstruction and Development (EBRD) is continuing to support the modernisation of Serbia’s transport infrastructure and promote further reform of the rail sector with a sovereign-guaranteed loan of up to €95 million (US$125 million) to the Serbian Railways company.
    Read More
  • July 10, 2015
    EIB supports purchase of modern trams for Krakow and Silesia
    The European Investment Bank (EIB) has provided two loans totalling over US$85 million for the purchase of modern energy-efficient low-floor trams for Krakow and Upper Silesia Agglomeration in Poland. The EIB will also finance the modernisation of the existing tram stock and infrastructure in Silesia.
    Read More

Highlighted Content