The European Commission and the European Investment Bank (EIB) are allocating €600 million to Ukraine for the implementation of urgent infrastructure recovery projects and support for key sectors of the economy. This was announced in an EIB statement dated April 22.
Of the total amount, €450 million will be provided as loan financing backed by European Commission guarantees to further support reconstruction, while another €150 million will come in the form of grants and technical assistance.
The funding will be directed toward the restoration and modernization of critically important infrastructure. Priority areas include the repair of roads and railway networks, the upgrade of power grids, improvements in the energy efficiency of residential buildings, as well as social and public infrastructure facilities.
Separately, the financing will also cover urban transport and educational institutions. This is expected to help ensure the stable delivery of basic services in communities while also supporting the country’s long-term recovery and reform agenda.
The EIB stressed that the initiative demonstrates the strength of the EU-Ukraine partnership. A vice-president of the bank said the EIB is expanding support across key areas — from energy security to transport and housing infrastructure — and remains committed to Ukraine’s recovery and European integration.
The European Investment Bank is one of Ukraine’s main international financial partners in infrastructure financing. Since the start of the full-scale war, the bank has already provided more than €860 million to Ukraine under programs for the development of urban and municipal infrastructure.
In particular, in 2025 Ukraine attracted €52.5 million for the renewal of public transport rolling stock, around €31.4 million for the development of municipal infrastructure, and €32.2 million for the thermal modernization of public buildings, including university dormitories and academic buildings.
Overall, Ukraine received €144.6 million in EIB loan financing over the past year.
