The government will allocate €100 million from the European Investment Bank (EIB) through the Ukraine Facility instrument for the restoration of water supply and sewage systems. Ukrainian Prime Minister Denys Shmyhal announced the relevant agreements between Ukraine and the EIB regarding this funding during a Cabinet of Ministers meeting on April 1.
According to Shmyhal, the resources will be directed toward rebuilding water pipelines and sewage systems, bringing them up to modern standards. In total, the needs for water supply and sewage system reconstruction exceed $11 billion.
The Prime Minister also announced that the government has approved a new €100 million tranche from the EIB for the restoration of critical and social infrastructure.
"This includes the reconstruction of water and heat supply systems, education, healthcare, and housing for internally displaced persons. Through our cooperation with the EIB, we are implementing more than 400 projects under this program, some of which have already been completed. Over 200 more will be finalized this year and next," he said.
Denys Shmyhal stated that the total portfolio of all EIB projects in Ukraine today amounts to approximately €4.3 billion. These projects cover critical infrastructure, housing, energy, transport, education, social policy, and digitalization.
