KYIV. Dec 20 (Interfax-Ukraine) – The European Investment Bank (EIB) has agreed on financing for the projects of Ukrainian grain market operators to expand and modernize their logistics infrastructure.
According to the bank’s website, the board of directors made the decision on December 14 this year.
It is expected that the project will eliminate the existing bottlenecks associated with grain transportation and storage, reduce the cost of transportation by road, as well as increase the annual volume of agricultural products exports, the EIB said.
The bank did not indicate the amount of funds provided for these projects.
