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

  • TfL commences consultation on cashless trams
    September 5, 2017
    Transport for London (TfL) has begun an eight-week public consultation on plans to make trams in London ‘cashless’. The proposal would see existing cash ticket machines, which only sell a small number of the more expensive paper tickets every week and do not allow customers to top-up their Oyster card, removed from the tram network. As the ticket machines, which were installed when the tram system opened in 2000, have such low usage and have now reached the end of their useful life
    Read More
  • Siemens invests in connected vehicle technology for Smart Columbus initiative
    May 12, 2017
    Siemens Intelligent Traffic Systems is providing an in-kind investment of its connected vehicle hardware and software technologies to Columbus, Ohio, the recent winner of the US Department of Transportation’s (USDOT) Smart City Challenge. Siemens’ investment, valued at US$385,000, aims to support the expansion of the ‘Smart Columbus’ initiative. The advanced hardware and software will act as the foundation for the city’s future connected vehicle efforts, enabling vehicles to communicate with traffic infrast
    Read More
  • Hungary to get real-time passenger information system
    February 13, 2013
    T-Systems Hungary has been awarded a contract by Hungarian public transport operator Kaposvari Tomegkozlekedesi to set up a new passenger information system in the municipality of Kaspovar. The project includes the installation of passenger information displays including 41 solar-powered units at bus stops, wi-fi hotspots, and a new real-time GPS tracking system. Bus arrival times will be displayed on the passenger information displays, including information on the arrival of low-floor buses for the disabl
    Read More
  • Europe expected to hold the largest share in smart transportation by 2021 say researchers
    April 7, 2017
    According to a new market research report from MarketsandMarkets, Europe is expected to hold the largest share of the smart transportation market, which is expected to grow from US$72.05 billion in 2016 to US$220.76 billion by 2021. The major drivers for an upsurge in demand for smart transportation include the rising requirement for integrated security and safety to enhance public safety and government initiatives to incorporate smart technologies into the existing transportation infrastructure. The
    Read More

Highlighted Content