EIB has invested almost €8 B in Ukraine since 2007
"Since 2007, we have invested almost EUR 8 billion in Ukraine. In fact, Ukraine has attracted more than 60% of our total loans in the Eastern Partnership countries. Last year alone, we invested in Ukraine a record sum of more than EUR 1 billion," EIB Vice-President Tereza Czerwińska said at the All-Ukrainian Forum "Ukraine 30. Infrastructure", an Ukrinform correspondent reports.
She noted that the EIB had focused its assistance on supporting the eastern regions of Ukraine last year. In particular, the Bank provided financial assistance for the reconstruction of roads in Luhansk region. Other areas of investment include modernization of public transport in some Ukrainian cities, improvement of energy efficiency in public buildings, digitization, innovation and business recovery after the coronavirus crisis.
According to Czerwińska, the EIB will continue to provide financial support in 2021 as a EUR 50 million package of assistance to overcome the coronavirus crisis effects has already been signed.
EIB Vice-President Kris Peeters noted that the Bank had allocated a total of EUR 2 billion to Ukraine for the development of transport infrastructure. In particular, the EIB is investing in the modernization of the Beskydy railway tunnel, the expansion of the Boryspil International Airport, the development of a road network and environmentally friendly public transport. In 2021, the EIB intends to focus on loans for digital technology, he noted.
As reported, on February 12, Prime Minister of Ukraine Denys Shmyhal and EIB President Werner Hoyer agreed on the allocation of EUR 50 million for the purchase of vaccines and refrigeration equipment for the network of vaccination centers. The Guarantee Agreement for the Development of the Boryspil Airport was also signed, providing for a EUR 270 million loan for the reconstruction of the flight zone No. 2.
In December 2020, the European Investment Bank and the Government of Ukraine concluded three loan agreements worth EUR 640 million on the implementation of priority projects in the field of infrastructure and transport.
ol
