The EBRD will loan €9.6M to the Ukrainian agricultural company Agrosem to expand the railway terminal near the Polish border and develop a grain transshipment complex and container yard. The EBRD clarified that this loan will be accompanied by a US investment grant of €1.5M. The company itself will contribute €2.6M to this project.
The project will improve transport connections between Ukraine and the EU on the Ukrainian-Polish border, which is currently a key infrastructure bottleneck that restrains grain export.
The current investment will contribute to developing overland grain export routes as an alternative to seaports, through which 90% of grain and oil crops were previously exported. The grain complex will have a throughput capacity of more than 400,000 tons annually and should be completed by the end of 2024.