The European Bank for Reconstruction and Development (EBRD) will provide Moldova’s national railway operator Calea Ferată din Moldova with an additional €23.5 million loan to upgrade key infrastructure.
The loan follows a €110 million financial package by the EBRD, European Investment Bank (EIB) and EU, disbursed in 2017, to upgrade railway infrastructure, acquire new rolling stock and support the reform process of the state-owned enterprise. To date, 12 new locomotives have been purchased with EU support.
“The funds will be allocated for the modernisation of the railway infrastructure on the Bender-Causeni-Basarabeasca-Etulia-Giurgiulesti section, this being the busiest railway segment in the country, as it ensures the transit of goods from and to Romania and Ukraine,” said Andrei Spînu, Deputy Prime Minister, Minister of Infrastructure and Regional Development.
Find out more
This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a B&S Europe-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.