KYIV. July 22 (Interfax-Ukraine) – The European Investment Bank (EIB) is ready to start additional projects worth some EUR 720 million with Ukraine, Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration Ivanna Klympush-Tsintsadze has said.
“There is an arrangement with the president of the European Investment Bank to start additional projects with Ukraine. They are ready to realize their plans by the end of 2016. We need to stay focused to draw up feasibility studies for the required projects and allow the money to enter this year,” the office of Klympush-Tsintsadze wrote on Facebook page.
She said that one of the projects relates to the Education Ministry: energy efficiency of educational institutions (EUR120 million), the second project – construction of Kaniv pumped storage hydroelectric station (EUR400 million) and the third one is upgrade of urban transport (EUR200 million).
“A project to electrify railways is being approved,” she said after a visit of the governmental delegation to Brussels.
