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Western banks will allocate $ 900 million to the Ukrainian roads.

Western banks will allocate $ 900 million to the Ukrainian roads.

Posted in News.

The volume of credit funds to implement together with the international financial institutions projects in 2015-2016 will amount to $ 909.9 million, follows from the “Ukravtodor.”
$ 443 million provide International Bank for Reconstruction and Development (IBRD), $ 434 million – EBRD, another $ 22 million – the EIB.
So, by all means the IBRD will finance the first, second and third phases of the project to improve roads and safety.
EBRD and EIB will provide funds for a project to improve transport and operating condition of roads on the approaches to Kiev.

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