Date: a week ago   Category: Financial

Denmark will give to Ukraine loans on infrastructure projects


Denmark will grant Ukraine interest-free loans on implementation of steady infrastructure projects under state guarantees. Denmark will grant Ukraine interest-free loans on implementation of steady infrastructure projects under the state guarantee. The corresponding framework agreement was signed by the Minister of Finance of Ukraine Oksana Markarova and the ambassador of Denmark in Ukraine Ruben Madsen, the press service of the Danish Embassy reports on Thursday, March 14. It is specified that the transaction is made for implementation of the Danida Business Finance (DBF) program in Ukraine. According to the DBF program, interest-free loans with a considerable grant will be granted on implementation of steady infrastructure projects under the state guarantee. In particular, such projects can have the budget in the amount up to 100 and more than million euros. As it is supposed, projects will be implemented by the Danish suppliers and other partners. It is expected that cooperation will be concentrated on two main sectors: water supply and sewage treatment and energy efficiency. In both sectors the Danish companies have wide experience and a know-how. It is known that several potential projects on reconstruction of systems of the central heat supply and sewage treatment are already considered. "We hope that this model of financing will contribute to sustainable development and economic growth. Ukraine needs access to the capital for the development, and Danida Business Finance is one of the most attractive schemes of preferential crediting in the world", - the ambassador of Denmark Ruben Madsen said. Earlier Ukraine attracted the loan of 529 million euros for support of state policy in the sphere of economic growth and fiskalno steady services, the provided Deutsche Bank under a guarantee of the World Bank. Also it was reported that the Cabinet adopted the resolution which provides implementation of external loans for the sum of 630 million dollars. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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