Ukreximbank, Ukravtodor sign agreement on financing road repairs

JSC Ukreximbank and the State Agency of Automobile Roads of Ukraine (Ukravtodor) have signed an agreement on financing of road construction in the amount of more than UAH 5.7 billion.

The document was signed with the participation of President Volodymyr Zelensky, the press service of the head of state reports.

"With the participation of President of Ukraine Volodymyr Zelensky, an agreement was solemnly signed between JSC Ukreximbank and the State Agency of Automobile Roads of Ukraine (Ukravtodor) regarding the provision of the first tranche of financing for road construction in the amount of UAH 5.782 billion," the statement reads.

The total funding amount will amount to UAH 19.3 billion.

"Despite the quarantine measures in our country, the most important thing is that the state is working and, together with the banking sector and construction companies, building kilometers of roads and "sews" our country together! As I said, roads and bridges are a priority," the president said after signing the agreement and expressed gratitude to all its participants.

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