The EIB will allocate 200 million euros for the implementation of infrastructure projects in the Donbass

ЕИБ выделит 200 млн евро на реализацию инфраструктурных проектов на Донбассе


The European investment Bank (EIB) will provide 200 million euros for the implementation of hundreds of infrastructure projects in the East of Ukraine. This is stated in the press service of the EU delegation.

“16 Dec 2016 European investment Bank (EIB), in partnership with the Ministry of regional development, construction and housing and communal services of Ukraine (Minregion), signed a cooperation Agreement on the provision of technical assistance to facilitate the optimal use of the Emergency loan program to restore Ukraine in the amount of 200 million euros. This loan needs to ensure the timely achievement of the expected results and effectively improving the infrastructure and quality of life of the population affected by the conflict in the East of Ukraine”, – stated in the message.

It is noted that the first package of projects for early restoration under this agreement has been approved by the Cabinet of Ministers. It includes 69 projects in the five Eastern regions of Ukraine with a total budget of 21.9 million euros. “Almost half of this amount will go to the restoration of medical institutions, 35% will be allocated to projects in educational institutions, 15% will be spent on housing projects and 3% to other social services”, – stated in the message.

Most of the projects will be implemented in Kharkiv (21 projects, 8.5 million euros), Donetsk (17 projects, EUR 7.1 million) and Luhansk regions (26 projects, EUR 3.1 million). In November was launched the procurement procedure and announced the first tender for the Kharkiv region.

The second call for proposals, according to the report, was announced in July of 2016 “For the last three months, the contest received nearly 1,000 projects. Currently, about 830 projects in total amount of 160 million euros recognized as such, that meet the criteria for participation in the program. It is expected that the test and final selection will be completed by February 2017, and then will begin purchases” – it is specified in the message.

According to the plan, in 2017 received a new project proposal that will ensure full development of the aforementioned loan, added to the Department.

We will remind, earlier Vice-the Prime Minister Gennady Zubko said that the rehabilitation of infrastructure and compensation of losses caused by military actions in the occupied regions of Luhansk and Donetsk regions will need $ 15 billion.