Project description
and objectives:
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The proposed project will support the completion of the rehabilitation effort
of the M06 Kiev-Chop Highway to European standards, which was started with the
first and second EBRD road projects in Ukraine.
This third project will finance rehabilitation of the remaining sections of
the M06 road, from Kiev to the city of Brody, Lviv region (km 14 – km 441).
M06 road forms part of Trans-European Corridor III (Kiev-Lviv-Krakow-Berlin)
and Corridor V (Lviv-Chop-Budapest) and links Ukraine with Western Europe.
The EBRD loan is planned to be supplemented by additional estimated EUR 200
million to be provided by the European Investment Bank (EIB).
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Transition
impact:
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Transition impact would stem from further support by the EBRD of the
Government of Ukraine and Ukravtodor efforts to reform the road sector started
in the framework of the first two EBRD road projects in Ukraine through
(i) the restructuring of road network management by separation of ownership,
administration and management (policy, legislation and funding) between state
and local roads,
(ii) improvement of the road sector financing strategy and
(iii) increase of the competition in the sector to achieve increased
efficiency of works implementation.
Furthermore, the project will support the Government of Ukraine and Ukravtodor
efforts to encourage greater private sector participation in the road sector
in Ukraine by improving the legislative framework and initiating various road
projects on a PPP basis. The project include a Technical Cooperation
component, which will aim to develop appropriate PPP legislation in accordance
with the international best practice, identify a small number of potential PPP
projects and carry out detailed due diligence for one pilot project which
potentially could be developed in co-operation with the Bank.
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The client:
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The Borrower is Ukraine. The proceeds will be on-lent to Ukravtodor, State
Road Service of Ukraine.
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EBRD
finance:
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EUR 200 million.
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Total project cost:
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Estimated EUR 486 million.
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Environmental impact:
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The project has been classified B/1, requiring an Environmental Analysis,
including an environmental review of the existing road. The investigations
undertaken to date have showed that the project involves rehabilitation of an
existing road without road realignment or widening and that no significant
adverse environmental impacts are expected. The temporary noise, safety,
dust/air quality impacts during the construction can be mitigated by adhering
to good construction planning and practices. Environmental issues associated
with the existing road will be mitigated through protection measures (e.g.
noise barriers) included in the project and an Environmental Action Plan
(“EAP”). In accordance with Bank's requirements, Ukravtodor will disclose
locally a summary of the relevant environmental issues associated with the
project and mitigation measures and action plans.
This section will be amended as soon as the environmental due diligence and
the EAP have been finalised.
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Technical
cooperation:
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EUR 350,000 provided under EU IPF 2003 facility for development of legislation
and a PPP Strategy for the road sector.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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EBRD contact:
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Mark Magaletsky, Operation Leader: magaletm@ebrd.com
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Procurement or tendering
opportunities:
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Visit EBRD Procurement
Enquiries: Tel: +44 20 7338 6794; Fax: +44 20 7338 7472, Email: procurement@ebrd.com
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General
enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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