Date: 6 months ago   Category: Financial

Ukraine will receive €50 million on railway and are expensive


EIB has approved allocation of a credit line in 50 million euros to help Ukrzaliznytsa and Ukravtodor to liquidate bottlenecks in the European transport networks. The European Investment Bank has approved allocation of a credit line in 50 million euros to help Ukrzaliznytsi and Ukravtodor to liquidate bottlenecks in the European transport networks. About it on Thursday, September 27, Interfax writes. The project has approved the board of directors on September 19 this year. According to the document, it is about projects of small transport infrastructure up to 20 million euros. Investments are intended for improvement of interaction within East neighbourhood and provide essential support for small by the sizes, but locally significant projects. It is supposed also that such financing will improve traffic safety. It is specified in the document EIB that the total cost of this frame project is about 110 million euros, however other sources of joint financing aren't specified. We will remind, in May Ukraine has signed agreements with EIB on financing in the sum of 211 million euros. Also it was reported that the Ministry of infrastructure has approved six city projects for receiving the credit from EIB. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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