Ukraine Railways to Spend $1.7 Billion on Investments This Year
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Ukrzaliznytsya, Ukraine’s state owned railway company, plans to spend 14 billion hryvnia ($1.72 billion) on capital investment this year.
The investment includes 6 billion hryvnia for rolling stock, Ukrzaliznytsya said in a statement on its website today. Loans will cover 8.4 billion hryvnia of the spending, according to the company, which is based in the capital city of Kiev.