| Project Detail |
Location:
Montenegro
Project number:
55258
Business sector:
Transport
Notice type:
State
Environmental category:
B
Approval date:
26 Jun 2024
Status:
Exploratory
PSD disclosed:
17 Apr 2024
Project Description
The provision of a senior loan of up to € 30 million to Zeljezniiki Prevoz Crne Gore a.d. (ZPCG), the passenger train operator in Montenegro. The loan will be fully guaranteed by the State of Montenegro (the Guarantor) and used to finance the purchase 4-car Electro-motor unit (EMU) sets to be used for operations across the railway network of Montenegro. The new rolling stock will replace the old, energy inefficient loco-hauled train sets currently in operation.
Project Objectives
ZPCG needs to acquire 4-car EMUs to improve the quality and regularity of services. The acquisition of new rolling stock has been identified by the Government of Montenegro as the key priority for the developement of the railway services in the country. The new rolling stock will replace the old, energy inefficient locomotive-hauled train sets currently in operation. |
