More
    HomeWorldEuropean Funding Financial institution to allocate over €130 million to rebuild Ukraine's transport infrastructure

    European Funding Financial institution to allocate over €130 million to rebuild Ukraine’s transport infrastructure

    Published on

    Ukraine and the European Funding Financial institution (EIB) have signed a €134 million monetary settlement to assist the reconstruction of transport infrastructure.

    Supply: Ukraine’s Ministry of Improvement

    Particulars: The settlement was signed in Rome on the sidelines of the Ukraine Restoration Convention (URC2025).

    The doc was signed by Oleksii Kuleba, Ukraine's Deputy Prime Minister for Restoration, Minister of Group and Territorial Improvement, and EIB Vice-President Teresa Czerwińska.

    Quote from the Ministry of Improvement: "The funding will likely be used to implement a challenge to rebuild crucial transport infrastructure: roads, bridges and logistics hubs in oblasts with heavy visitors.

    This covers routes that present entry to medical, humanitarian and administrative providers in Ukrainian hromadas." [A hromada is an administrative unit designating a village, several villages, or a town, and their adjacent territories – ed.]

    Extra particulars: The challenge will likely be carried out in partnership with Ukraine’s State Company for Restoration and Infrastructure Improvement.

    Deputy Prime Minister Oleksii Kuleba additionally mentioned new areas of cooperation with EIB President Nadia Calviño: the launch of housing programmes (together with a social municipal fund), financing border infrastructure and creating grants for communities with out entry to credit score.

    Background: Ukraine and the European Financial institution for Reconstruction and Improvement (EBRD) signed a memorandum of understanding on cooperation in supporting the built-in infrastructure of capital markets within the nation, which gives for the launch of a brand new inventory change.

    Help Ukrainska Pravda on Patreon!

    Latest articles

    Arsenal ‘shut on settlement’ for fifth summer time signing amid verdict on ‘assembly launch clause’

    In keeping with studies, Arsenal are ‘shut on an settlement’ for one more summer...

    Sumy neighborhood beneath drone assault: infrastructure object broken, one killed and one wounded

    Sumy neighborhood beneath drone assault: infrastructure object broken, one killed and one wounded<p>Russian drones...

    More like this

    Arsenal ‘shut on settlement’ for fifth summer time signing amid verdict on ‘assembly launch clause’

    In keeping with studies, Arsenal are ‘shut on an settlement’ for one more summer...

    Sumy neighborhood beneath drone assault: infrastructure object broken, one killed and one wounded

    Sumy neighborhood beneath drone assault: infrastructure object broken, one killed and one wounded<p>Russian drones...