Kyiv Council Approves €150 Million Loan for 50 New Metro Cars.

Loan to Fund Metro Car Purchase

According to Novyny.live: On June 18, the Kyiv City Council voted to secure a €150 million loan aimed at acquiring 50 new subway cars for the capital. The decision, backed by a majority of deputies, forms a key component of the broader Kyiv Resilience Plan. In addition to this infrastructure move, the Council also announced efforts to raise further funds for Ukraine’s Defense Forces.

Despite overall support, the 'Servant of the People' faction opposed taking on the debt. Lawmakers stressed the need for transparency in the procurement process for the new cars. Deputy Andriy Vitrenko specifically warned that

“it is critically important that those receiving funds to manufacture cars for the city of Kyiv do not become monopolists.”

Fare Hikes and the Urgency of Execution

Vitrenko also raised concerns about potential fare increases, stating:

“I am 100% certain that after the 30 hryvnia mark, the next step will be to factor this modernization into the Kyiv metro tariff, which could drive up ticket prices, especially for the subway.”

“we will push to ensure this happens no later than July.”

The Kyiv City Council continues to focus on upgrading the capital’s infrastructure, particularly in public transport—a vital area for urban development. However, questions about spending transparency and possible fare adjustments remain pressing for Kyiv residents, shaping how this decision is received. The situation also highlights the dual challenge of funding both infrastructure growth and national security during wartime.