Wednesday, 11 January 2017

Ukraine to purchase new grain cars in 2017

Ukraine’s Minister of Agriculture along with heads from the State Property Fund and the First Deputy Prime Minister (who is also the Minister of Economic Development and Trade) held a workshop on Ukrainian-Chinese investment projects.

Participants discussed the purchase of much needed grain cars to aid internal transportation of grain to ports for export.

The meeting reported the positive agreement to allocate funds in 2017 to purchase 500 grain cars with a further 1,000 in 2018 and 1,500 in 2019.

The head of the Ukrainian Grain Association had previously reported that Ukraine needs a minimum of 5,000 new grain cars a year and the head of the state railway network operator, Ukrzaliznytsya, said about two-thirds of their 11,650 grain wagons are already operating way beyond their intended lifespan.

What wasn't clear from the meeting was if the positive agreement to allocate funds would actually translate into the actual purchase of rolling stock.