The portfolio of international investment projects of “Ukrzaliznytsia” has exceeded €1 billion, indicating large-scale plans for the modernization and restoration of Ukraine’s railway infrastructure. The portfolio includes numerous projects being implemented with the participation of international financial institutions and donor organizations. Their financing is carried out through grants, concessional loans, and other support instruments.
This is reported by Finway
Strategic Transformation of Financing
According to the director of the company’s international projects office, Volodymyr Shemaiev, the funds received are directed not towards current operational activities but exclusively towards investments in the resilience and development of infrastructure. A large package of projects has been formed, focused on post-war recovery and increasing the efficiency of the railway system.
“Ukrzaliznytsia” is shifting from traditional sources — revenues from freight transportation and budget support — to attracting external capital. This opens up opportunities for structuring long-term investment programs with the participation of international partners and reduces the burden on domestic funding sources.
The transition to a new financing model is a response to the limitations of internal resources. This approach allows for the attraction of external capital, which is a factor for the long-term development and resilience of the company.
Investment Directions and Business Prospects
The main investment directions have been identified as the restoration of damaged infrastructure, updating rolling stock, modernizing logistics hubs, and increasing energy efficiency in the railway sector. The implementation of these projects is expected to serve as a basis for the gradual integration of the national railway network into the European transport space.
The company is also working on obtaining the status of an official recipient of humanitarian aid. This will allow for the procurement of necessary equipment and components outside the framework of traditional commercial purchases, which will contribute to reducing capital costs and increasing the investment attractiveness of individual projects.
The investment portfolio of over €1 billion not only reflects current support for the railway sector but also lays the groundwork for large-scale investment cycles in the future. This opens new opportunities for attracting private capital and expands the participation of Ukrainian businesses in large infrastructure projects, including collaboration with international manufacturers such as Alstom.