Date: 6 months ago   Category: Politics

The EU will allocate €4.5 billion for infrastructure - the Cabinet of Ministers


The European Commission intends to invest 13 billion euros for the purpose of development of transport connection in the countries of the Eastern Partnership. The indicative construction plan of trans-European transport network TEN-T included 39 Ukrainian infrastructure projects which are provided by the strategy of Drive Ukraine 2030. On these projects nearly 4.5 billion euros are provided. It on Friday, January 18, the minister of infrastructure Vladimir Omelyan said, reports TsTS. The mentioned plan is prepared by the EU and the World Bank for the purpose of development of transport connection in the countries of the Eastern Partnership. According to the minister, implementation of these 39 projects will allow to deepen considerably infrastructure integration of Ukraine and to become in the long term an organic part of the all-European transport network. "When we say that implementation of Drive Ukraine costs about 60 billion dollars, in the first year of its realization we have at least 50% of financing from the state budget and 10% of financing from our European partners, international financial institutions and due to the state private partnership", - Omelyan specified. This week the European Commission decided on the volume of investment, projects of cross-border transport network, necessary for realization, in Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine. They will cost approximately 13 billion euros and provide construction in general of 4.8 thousand kilometers of automobile and railway lines, 6 ports and 11 logistic centers and also the airports and border crossing points. Treat priority investments as short-term projects which will be complete by 2020, and the long-term projects directed to improvement of transport communications within TEN-T till 2030. Earlier in the Cabinet of Ministers said that in 2019 in Ukraine intend to repair and construct about four thousand kilometers of roads. Intend to allocate record 56 billion hryvnias for it. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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