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The European Investment Bank has allocated €55 million for the restoration of Ukraineʼs infrastructure

Author:
Iryna Perepechko
Date:

The European Investment Bank (EIB) has allocated €55 million to rebuild Ukraineʼs social infrastructure. This contribution is part of the EIB Emergency Solidarity Measures package for Ukraine, developed in cooperation with the European Commission.

This was reported by the Ministry of Community and Territorial Development of Ukraine.

These funds are being used to reconstruct hospitals, social housing, educational institutions, heating, water supply and sewage systems, as well as other critically important social infrastructure.

The money will be directed to 151 facilities in the Vinnytsia, Dnipropetrovsk, Zhytomyr, Kyiv, Kirovohrad, Mykolaiv, Odessa, Poltava, Sumy, Kharkiv, Cherkasy, and Chernihiv regions.

All recovery projects are managed by local authorities, and the United Nations Development Program provides technical assistance to accelerate their implementation.

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