Ukraine and the World Bank Launch Million-Dollar Projects: What Will Change in Logistics.
According to inkorr.com: A meeting with representatives of the International Bank for Reconstruction and Development (IBRD), which is part of the World Bank group, was held at the Ministry of Economic Development. The main goal of the event was to discuss the implementation of key projects in the field of transport logistics. Marina Denisuk, Deputy Minister of Development, participated in the meeting.
Discussion of the 'RELINC' and 'DRIVE' Projects
During the meeting, significant attention was paid to the 'RELINC' and 'DRIVE' projects aimed at improving transport logistics and establishing infrastructure for vulnerable communities. The restructuring of the RELINC project, aimed at attracting additional funding and increasing the efficiency of implementation, was particularly discussed.
Current Stages of Project Implementation
The RELINC project is at the active implementation stage: procurement of necessary equipment is either already underway or at the final stage. The possibility of obtaining additional funding for Phase 3 through UIF was also discussed, as well as prospects for grant support to protect facilities.
Furthermore, the development of the DRIVE project was considered, including the installation of modular bridges. An agreement on further cooperation and monitoring of their implementation was reached. The Ministry of Economic Development intends to continue working with the IBRD for the successful implementation of projects and ensuring sustainable development of Ukraine's transport infrastructure.
As a result of the meeting, important projects in the field of transport logistics and detailed plans for their successful implementation through the attraction of funding were discussed. Support from international partners remains a key factor for the further development of the country's infrastructure.
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