IFC boosting modernization of Ukraine's urban infrastructure

ongoing

The International Finance Corporation (IFC), a member of the World Bank Group, and the Mayor’s Office of the city of Kryvyi Rih have agreed to combine efforts to attract investments for reliable and efficient public transport infrastructure in Ukraine. The project aims to upgrade Kryvyi Rih’s tramway network to support the city’s growing industrial base by replacing existing vehicles with energy-efficient low-floor trams and modernizing the tram's infrastructure to reduce congestion and improve service quality.