European Bank for Reconstruction and Development

The European Bank for Reconstruction and Development (EBRD) is setting out its new transport development plan for the coming five years.

The European Bank for Reconstruction and Development (EBRD) and the Ukrainian State Air Traffic Services Enterprise (UkSATSE) have agreed to extend their cooperation under an air navigation system modernisation project originally negotiated in 2012.

Romania’s UTI Group is to implement a US$10 million intelligent transport system for the city of Burgas, Bulgaria, to make its public transport safer and more efficient and convenient. Financed by Burgas, the European Regional Development Fund and the European Bank for Reconstruction and Development, the project will increase the attractiveness and comfort of the current system, provide real-time information for passengers and increase safety. The project will also introduce integrated ticketing and v

The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of a new domestic terminal at Dalaman airport in the south-western Turkish province of Muğla under a public-private partnership (PPP) scheme. The Bank is lending US$196 million to YDA Havalimani Yapim ve Isletme, a special-purpose company set up by the Turkish construction and infrastructure company YDA Insaat, which was awarded the concession contract last year. The funds will be used to build a new ener

The Transport Ticketing Central and Eastern Europe conference made its debut in Warsaw in October, welcoming 200 transport executives from across the region to discuss the ways to make paying and accessing public transport fast, efficient and flexible.

In July 2014, the European Bank for Reconstruction and Development (EBRD) awarded funds of around US$1.8 million for the development of sustainable mobility master plans in Romania. The EBRD is the largest institutional investor in Romania. To date, the Bank has invested US$8.9 billion across 364 projects in diverse sectors including industry, commerce, agribusiness, infrastructure, energy and finance.

A new report from the World Economic Forum, Accelerating Infrastructure Delivery: New Evidence from International Financial Institutions, examines how the experience of international financial institutions (IFIs) can help bridge the growing infrastructure deficit. To accelerate economic growth, global levels of installed infrastructure, which currently stand at around US$45 trillion, need to grow to nearly US$100 trillion by 2030. To achieve this, governments need to increase public sector spending as a

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

The European Bank for Reconstruction and Development (EBRD) is supporting Kazakhstan Temir Zholy (KTZ), the national railways company, in its drive to radically improve energy efficiency across its operations. A US$40 million loan, US$700,000 of which will be provided by the Clean Technology Fund, will finance a series of new technologies to reduce energy consumption, from an upgraded lighting system to alternative heating solutions such as heat pumps, solar water heaters and boiler upgrades. The progra

The European Bank for Reconstruction and Development (EBRD) is providing a US$92 million loan for Turkey’s first trans-shipment container terminal AsyaPort, as the country continues to improve its infrastructure to create the conditions for sustaining its strong economic growth. The Bank’s financing will be used to design, build, operate and maintain a new container terminal in the town of Barbaros, Tekirdag province, some 130 kilometres west of Istanbul. The International Finance Corporation (IFC) and T