EU allocated 46 million euros: which cities in Ukraine will receive new buses.

According to inkorr.com: Ukrainian settlements will receive new buses thanks to funding from European sources, as reported by the Ministry of Finance. The purchase of public transport will be financed by the European Investment Bank. A total of 46.1 million euros has been allocated for the development of four urban projects.

• The municipal infrastructure development program and the Urban Public Transport of Ukraine each received 13.3 million euros;
• Urban Public Transport of Ukraine 2 received 14.7 million euros;
• To improve energy efficiency in public buildings in Ukraine, 4.8 million euros have been allocated.

The funds received will be used to acquire transport for nine cities, as well as to modernize water supply and sewage systems, to clean landfills, and to implement other energy-efficient measures.

Support from the European Investment Bank

The European Investment Bank has already provided Ukraine with over 168 million euros for these programs, most of which is intended for upgrading urban transport. Funding comes through the European Union Ukraine Facility initiative with the support of the European Commission.

Deputy Minister of Finance Olga Zykova expressed hope for further cooperation and the expansion of the use of EU guarantees for the implementation of a larger number of recovery projects.

Development of Ukraine's infrastructure

In addition to transport, the EIB is also investing in the reconstruction of roads, railways, energy facilities, medical institutions, and social infrastructure. The bank's loan portfolio in Ukraine consists of 27 projects totaling 4.7 billion euros.

Thus, thanks to the support of the European Investment Bank, Ukraine will be able to improve urban infrastructure, acquire new transport, and implement a number of energy efficiency measures. This is an important step towards the development of cities and improving the quality of life for residents.