Business news from Ukraine

UKRAINE, EIB AGREE ON EUR 30 MLN LOAN TO UNIVERSITIES FOR RAISING ENERGY EFFICIENCY

20 December , 2016  

KYIV. Dec 20 (Interfax-Ukraine) – Ukraine has agreed with the European Investment Bank (EIB) on raising a loan of EUR 30 million for the project “Higher Education. Energy Efficiency and Sustainable Development.”

The relevant agreement was signed in Brussels on Monday, the Ukrainian Economic Development and Trade Ministry of Ukraine wrote on Twitter.

Ukrainian Deputy Minister of Education and Science Roman Hreba said earlier they already identified seven universities that will participate in the first stage of the project and soon will announce a tender to choose universities for the project’s second stage.

The project is designed for five years.