Business news from Ukraine

EIB may provide EUR220 mln to Ukraine to repair roads and bridges

20 September , 2023  

The European Investment Bank (EIB) is considering providing Ukraine with EUR220 million for infrastructure restoration, including road and bridge repairs, the State Agency for Infrastructure Restoration and Development of Ukraine has reported.

According to a Facebook post on Wednesday, the possibility of financing reconstruction projects and the progress of their implementation were discussed with EIB representatives by the agency’s head Mustafa Nayyem and head of the project management team Vadym Nozdria.

As a reminder, in June 2023, the EIB allocated EUR 50 million of EU grant funds under the NIP platform for modular bridges for the regions of Ukraine most affected by the Russian invasion.

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