EIB finances Ukraine navigation system

Ukraine’s air navigation system is to be updated following European Investment Bank (EIB) approval of a €41 million to finance a comprehensive programme implemented by the Ukrainian State Air Traffic Service Enterprise (ukSATSE).

EIB Vice-President Anton Rop said EIB funds would contribute to safer and more efficient air navigation in Eastern Europe for the benefit of Ukraine as well as its partners in the European Union.

The €41 million loan will finance the replacement and modernisation of the air traffic management systems; the surveillance infrastructure; the upgrade of communication and navigation systems; and the construction of aerodrome control towers.

It will be implemented at various airport sites as well as in remote locations throughout Ukraine. The project for the improvement of the air navigation system will be co-financed by the European Bank for Reconstruction and Development (EBRD).

Ukraine together with the European Organisation for the Safety of Air Navigation (Eurocontrol) has decided to modernise Ukraine’s air traffic management infrastructure, within the framework of the European Single Sky Implementation Plan.

EBRD is about to approve a loan to ukSATSE, which will be used to finance the upgrading of hardware and software essential for efficient Air Traffic Management.

Posted in CAAs/ANSPs, Corporate, News, Single European Sky

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