WB to provide financing for 5 projects worth EUR 1.28bn in Ukraine

WB to provide financing for 5 projects worth EUR 1.28bn in Ukraine

The projects will be realized together with the European investment Bank and the Ministry of Regional Development Construction, and Communal Living of Ukraine

The minister of regional development construction and communal living of Ukraine has made the announcement. The projects to be financed are energy efficiency and central heating worth USD 315mln, Second project of city infrastructure improvement worth USD 350mln, Special crediting program for Ukraine’s recovery worth EUR 200mln, Program for developing of municipal infrastructure of Ukraine worth EUR 400mln, and Development of water supply and water sewerage systems in Nikolaev worth EUR 15.5mln. At this, the government signed an agreement with the European Commission on the support program for sectoral development in Ukraine. It will help to attract additional EUR 50mln of direct budget support for projects in the frames of state strategy for regional development, told Gennadiy Zubko the vice prime minister of Ukraine.   

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