ARMENIA, GEORGIA, KAZAKHSTAN AND TURKEY

Regional Municipal Transport Projects Support

Throughout 2021 GMCS were engaged to provide support for the EBRD and a number of municipal transport enterprises in Armenia, Georgia, Kazakhstan and Turkey.
The expertise of GMCS experts was used to perform financial assessments of future projects viability as part of Due Diligence studies for investment decisions including cost estimates, financial and economic internal rates of return and justification of the proposed investments.
As the result, the client cities are expecting considerable investment through EBRD loan and (potentially) special grants towards bus fleet renewal with low (or zero) emission to bring additional environmental benefits to the population. Additional tasks of GMCS experts included review of procurement documentation for the future tenders to ensure compatibility with relevant standards, operational requirements and procurement rules and policies of the Bank.