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.

For more information on companies in this article

Related Content

  • Vendor's eye view of US economic stimulus programme
    March 12, 2012
    Pete Goldin explores the impact of the US economic stimulus programme on the ITS industry from the ITS vendor perspective
    Read More
  • European machine vision industry in positive mood for 2013
    November 16, 2012
    A poll carried out by the European Machine Vision Association (EMVA) reveals that machine vision companies have overall positive business expectations for 2013 business in Europe. In a quick survey conducted by the association in October, 56 per cent of the participants expect their own business to grow above five per cent next year, and another 13.3 per cent think their sales will increase up to five per cent. Only eight per cent of the participants expect their company’s business to decline in 2013. Asked
    Read More
  • EU to fund common train control system
    April 15, 2015
    The EU's TEN-T Programme is to provide funding of over US$16 million for the development and installation of the common European Train Control System (ETCS) in Belgium, Luxembourg, Denmark and the UK. The new system is expected to improve the interoperability, safety, reliability and capacity on European railways. Seven separate projects aim to contribute to the deployment of the European Rail Traffic Management System (ERTMS) in the EU and enhance interoperability of European rail services. While increa
    Read More
  • Kapsch awarded important GSM-R project in the Czech Republic
    January 20, 2015
    Czech Republic railway infrastructure manager SŽDC has awarded Kapsch CarrierCom a further project worth around US$17 million to install state of the art GSM-R technology on the 185 kilometre third rail transit corridor in the country. The project is due to be completed by autumn 2016. Kapsch has already successfully implemented this technology in the Czech Republic on several sections of rail lines. The new line connects Prague with the West-Bohemian cities and ends at the German border. Kapsch will
    Read More

Highlighted Content