The European Investment Bank will provide to the Ministry of Regional Development, Construction and Housing and Communal Services of Ukraine loan for develop municipal infrastructure.
Posted in News.
According to the bank, the decision The Board of Directors was adopted May 19, 2015.
The project aims to extend the life of critical urban infrastructure in the energy, water and sanitation, to reduce losses and emissions and improve energy efficiency.
According to the EIB, the total cost of the project is estimated at 800 million euro and its development partner on the Ukrainian side is the Ministry of Regional Development, Construction and Housing and Communal Services of Ukraine.
Recall, in 2014 the EIB approved projects for implementation in Ukraine totaling 1 billion euro and in 2015 plans to maintain the same amount of investment. The total portfolio of projects the EIB in Ukraine is almost 3 billion euro.
