120 likes | 214 Views
“ EURORAIL ” Project. Organizational model. EURORAIL Project. Initiator : Ministry of transport and communications of Ukraine Lviv Oblast State Administration Lviv City Council Cost : 500 mln . EUR Terms : 2010-201 5 Prerequisites :
E N D
“EURORAIL” Project Organizational model
EURORAIL Project Initiator:Ministry of transport and communications of Ukraine Lviv Oblast State Administration LvivCity Council Cost:500mln. EUR Terms:2010-2015 Prerequisites: • Discrepancy of Ukrainian and CIS countries’ railways (1520) with the EU railway standard UIC (1435) • Increased demand for fast and qualified communication between Ukraine (CIS) and Europe
Project main statements Project subject: The construction of 84 km long EU standard rail track and all required infrastructure between Lviv and Polish-Ukrainian border (Prezemysl/Mostyska and Krakivets). Goal: to provide high speed railway connection between Lviv and Polish-Ukrainian border within III Euro transport corridor. Mechanism: Concessionfor construction and further operation of the rail track and its infrastructure. Participants: Cabinet of Ministers of Ukraine, Ministry of transport and communication of Ukraine, Lviv Oblast State Administration, Lviv City Council, private companiesЛьвівська обласна Рада, Львівська міська Рада, приватні компанії. Participation of Ministry of infrastructure of Poland is also needed.
Implementation algorithm • JSC “Evrokoliya” set up by experienced in this field companies. • The Cabinet of Ministers of Ukraine is to issue the Resolution regarding “Eurorail” Project implementation and assign core Ministry (Ministry of transport and communication of Ukraine) to be responsible for its realization. • The Concession Agreement is to be signed with the Company-contractor identified through the Tender. • The Concession Agreement is to be prepared and signed by Ministry of transport and communication of Ukraine, Lviv Oblast State Administration, Lviv City Council and JSC “Evrokoliya” and is to contain Project implementation mechanisms. • JSC “Evrokoliya” attracts all required financial funds and contractors for the Project implementation. • After the project is implemented it is to be managed and used by Ministry of transport and communication of Ukraine. The last is to make payments for the benefit of JSC “Evrokoliya”.
Project scheme JSC “Eurokoliya Founders Investments Ownership for the part of infrastructure JSC“Eurokoliya” Rail track and infrastructure Construction process Euro rail track usage payments according to the Concession Agreement as the investments return source ІInformation Specifications Plots Ownership for the rail track and the part of infrastructure operation Ministry of transport Lviv Oblast Administration Lviv City Council Ministry of transport
JSC “Evrokoliya” set up • “Evrokoliya” is to be joint-stock company • JSC “Evrokoliya” founders (companies) are to be able to provide qualified Project implementation. • Company’s dominant task – is to develop contract and legal platform for its further activity (including possible relations coordination between core Ministers of Ukraine and Poland and between Lviv Oblast Administration and Lviv City Council). • JSC “Evrokoliya” is to hold a research on a Project, provide its feasibility study and approve the Project with all Participants. • The last stage – Project Business Plan, investments attraction and Project implementation.
Concession Agreement Main regulations: • Project participant’s collaboration mechanism. • Participant’s obligations (land plots, information, specifications provision for the Project by its Participants). • Constructed object’s ownership (tracks, terminals, technical buildings, warehouses etc.). • Relations among Project Participants on the after construction stage when the rail track and its infrastructure will be operated. • Rail track and its infrastructure usage payments as the investments return source
Implementation phases • Phase I: 2008 - 2009 • Pre-feasibility study • Memorandum of Understanding with Dutch MOVARES and NEA for pre-feasibility study, 133,000 EUR attracted from the Dutch government. • Additional investment required for Phase 1 – 250,000 eur • Phase II: 2009 – 2010 • Pre-feasibility study presentation to all the stakeholders for final decision-making • The establishment of the International Project Implementation Consortium • Finalizing Project Finance Structure and Legal Model (PPP) • Phase III: 2010 – 2013 Project Implementation: • Construction the rail track from Polish/Ukrainian border to Lviv (86 km) • New rail infrastructure development, including modern passenger and goods terminal near and in Lviv
Project impact assessment • Increase of passenger and cargo flows • Maximum shortening of the travel time • Social and economic development of the region • Ukraine’s integration with main European cities
CONTACT PERSONS Leonid Bogdanov, CEO bogdanov@unidevelop.com Yuryi Stetskiv, CFO stetskiv@unidevelop.com Kyiv, Ukraine01133 9 Lesi Ukrainki Blvd, Tel.: +38 044 585 10 80 Fax: +38 044 585 10 79 www.unidevelop.com