Dnipro Tunnel PPP in Kiev – EBRD AGM Issue Paper
Publication | May 16, 2009
In September 2008 the EBRD issued a USD 30 million loan for the Kiev City Traffic Management project which involves the planned construction of a major tunnel under the river Dnipro. Despite rising costs of now about USD 1.0 billion, no justification has been provided as to why this highly controversial tunnel has been chosen among other solutions to Kievs transportation problem.