About past, present and future of Ukraine

Search mobile

Main Business The EIB will consider the issue of financing and completion of the Krakovets — Lviv autobahn project

Business

The EIB will consider the issue of financing and completion of the Krakovets — Lviv autobahn project

323
The EIB will consider the issue of financing and completion of the Krakovets — Lviv autobahn project

Share this article


Cooperation in the restoration of Ukraine and the implementation of development projects were discussed during a meeting in Kyiv, on September 29, by Prime Minister of Ukraine Denys Shmyhal and Vice-President of the European Investment Bank Tereza Czerwińska.

As Denys Shmyhal noted, Ukraine expects that the EIB would be among the leaders in large-scale post-war reconstruction, the economic recovery, and infrastructure of our country.

The parties also discussed the financing and completion of the project of the first concession highway Krakovets — Lviv and the expansion of the infrastructure of the western border of Ukraine.

The Prime Minister of Ukraine thanked the EIB for the allocation of EUR 1.59 billion of financial support to our state. The first tranche was transferred to Ukraine this month: "These funds are another significant contribution to financing the urgent needs of our country."

As Tereza Czerwińska reported, the second tranche in the amount of more than EUR 550 million would be directed at the request of the Government of Ukraine in the near future.

odessajournal 0

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...