Ukrzaliznytsia plans to increase five-fold its investments next year in wagons, locomotives and track – to almost $1 billion

Ukrzaliznytsia plans to increase five-fold its investments next year in wagons, locomotives and track – to almost $1 billion, Irakli Ezugbaya, the new cargo director for the state railroad, told the Center for Transportation Strategies. Capital investments will stay at that level for 2022. In 2023, investments will make another jump, this time by 50%, to $1.5 billion.