KYIV. Sept 24 (Interfax-Ukraine) – The Infrastructure Ministry plans to spend EUR 100 million released under a credit agreement with the European Bank for Reconstruction and Development (EBRD), on road maintenance in the western regions of Ukraine, the ministry’s press service reported on Wednesday.
“Under preliminary findings, the total volume of released funds under a credit agreement with EBRD could be up to EUR 100 million. The funds have been saved due to a change to the project structure, currency rate differences, as well as a high competitiveness at open tenders which gave us an opportunity to sign the contractor’s agreements for less than expected,” the press service said.
According to the ministry, money will be allocated to maintain the H09 Mukacheve-Rakhiv-Bohorodchany-Ivano-Frankivsk-Rohatyn-Lviv and H13 Lviv-Sambir-Uzhgorod roads.
H09 is a strategic transit highway which provides a transport links Slovakia, Hungary, Romania and Poland. Maintenance of H13 is crucial to maintain tourist numbers and access to recreation areas in the Carpathian region.
