EBRD is considering assisting the city of Pavlodar in Kazakhstan in the rehabilitation of tram public transport through modernisation of the City’s tram fleet and selected tram infrastructure.
An EBRD senior loan will be extended to the state owned Joint-Stock Company Pavlodar Tram Management Company, of up to US$10.7 million under the Project Support Agreement with the Akimat of Pavlodar Oblast and the Joint-Stock Company National Company Social-Entrepreneurial Corporation Pavlodar (“SPK”), owner of the Company.
The operation will enable the Company to improve the quality of the tram services and establish an improved regulatory framework through implementation of a Public Service Contract between the City and the Company. The Priority Investment Programme (the “PIP”) financed under the Project will include the following: procurement of up to 21 new units of modern energy efficient trams, rehabilitation of the selected tram infrastructure, and procurement of a computer-aided dispatching system. In addition, the Project aims at setting higher standards for service quality in public transport sector.