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

  • February 27, 2015
    UK Government funding for plug-in vehicle infrastructure
    A wave of charge-points to support the fast-growing popularity of plug-in vehicles will be installed across the UK after the government set out US$49 million of infrastructure support up to 2020. Homes, hospitals, train stations and A-roads will be some of the locations for further charge-points to maintain Britain’s position as a global leader in this cutting-edge technology. The support compliments the fast-growing popularity of ultra low emission vehicles (ULEVs) with grant claims rising four-fold in 20
    Read More
  • October 23, 2012
    Ho Chi Minh City plans rapid bus system
    As part of an initiative to develop a modern transport system for Ho Chi Minh City, the municipal administration plans to spend around US$152 million on a bus rapid transit (BRT) project that will run along the 25km Vo Van Kiet – Mai Chi Tho boulevard, connecting the eastern and western parts of the city. The BRT system is expected to have 30 modern buses and, according to the municipal transport department, is a feasible solution for traffic congestion problems. A green corridor that will use solar energy
    Read More
  • April 18, 2016
    Capital markets financing can bridge the infrastructure gap, says EBRD
    Capital markets financing for infrastructure projects can help bridge the infrastructure gap, President of the European Bank for Reconstruction and Development (EBRD) Sir Suma Chakrabarti told the inaugural Global Infrastructure Forum 2016 in Washington. Addressing development partners, Sir Suma said: “Emerging markets and development economies, supported by the multilateral development banks, need to re-double their efforts to create the right conditions for capital market transactions for infrastructur
    Read More
  • November 24, 2016
    UK government to invest in autonomous cars, low emission vehicles
    Presenting his Autumn Statement, Chancellor Philip Hammond announced investment in transportation, including £390 million for future transport and a major new investment in the UK transport infrastructure. The £390 million investment in future technology includes: investment in testing infrastructure for driverless cars; provision of at least 550 new electric and hydrogen buses, reduce the emissions of 1,500 existing buses and support taxis to become zero emission; installation of more charging points fo
    Read More

Highlighted Content