EIB allocated 46 million euros to Ukraine: what will be restored in cities with this funding.
According to inkorr.com: The Ukrainian state has successfully attracted a loan from the European Investment Bank for the amount of 46.1 million euros. This funding will be directed towards the restoration of urban services in many Ukrainian cities such as Dnipro, Kyiv, and Lviv.
The program plans to implement energy-efficient modernization of schools, kindergartens, and hospitals, as well as restore street lighting and improve the water supply system. This loan will support the resilience of the country and accelerate recovery efforts amid military aggression.
“Funding from the EIB helps implement strategic projects aimed at ensuring the country's resilience amid military aggression,”- noted Deputy Minister Marina Denysiuk.
Key projects that will receive funding
The government plans to implement four key projects within the received loan. Among them: modernization of schools, kindergartens, and hospitals, restoration of street lighting, improvement of water supply, as well as enhancement of the public transport system.
The 46.1 million euro loan from the European Investment Bank will contribute to improving urban services and increasing comfort for the population. These funds will be used for important infrastructure projects in various cities, positively impacting the development and quality of life for citizens.
The financial resources obtained will not only ensure the modernization of important facilities but will also help Ukraine become more resilient in the face of modern challenges. The restoration of infrastructure will be a step towards improving living conditions and developing urban areas that have been most affected by the war.
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