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Vice Prime Minister: We provided funding for projects in the framework of investment program of the European Investment Bank
20.04.2017 | 12:10
MINISTRY OF REGIONAL DEVELOPMENT, BUILDING and HOUSING and COMMUNAL SERVICES OF UKRAINE

We ensured to provide full financial state support regarding projects through the Emergency loan program for recovery of Ukraine which is being implemented with support of the European Investment Bank. We assessed the procedure and conditions for the provision of funds by allocating funds not only to the loan, but to VAT as well. Relevant resources have been budgeted in 2017 aimed to speed up the implementation of the projects within the framework of the program, stressed Vice Prime Minister/ Minister of Regional Development, Construction, Housing and Utilities of Ukraine Hennadii Zubko while considering the relevant decree of the Cabinet of Ministers of Ukraine.

He reminded that the program would cover three geographical areas. Directly areas of the Donetsk and Luhansk regions which have experienced a negative influence, areas which are beyond the control of Ukraine, three of the surrounding regions (Kharkiv, Dnipropetrovsk and Zaporizhzhya) which are facing strong pressure on infrastructure, in particular through providing social services, through a large number of internally displaced persons as well as through specific local administrations accepting internally displaced persons.

Such measures as urgent repairs as well as motions designed to improve the energy efficiency of the infrastructure for the resettlement of internally displaced persons, the restoration and rehabilitation of water and sanitation, rehabilitation and restoration of generation, transmission and distribution of electric energy, restoration and recovery of systems of generation, transmission and distribution of centralized supply of heat energy, repair of motor roads and railways damaged as a result of the conflict, i.a. affected bridges are being provided for these areas.

The Vice Prime Minister informed that subvention from the state budget allocated to local budgets for implementation of projects in the framework of the Emergency loan program for recovery of Ukraine amounts to a sum over UAH 2 million 145 thousand, in particular, a sum of UAH 595 000 thousand was granted from the special fund for the financing of objects of communal property.

The projects ought to be implemented within 24-36 months. The issue of extending the term of the Program until 2021 is being discussed with the European Investment Bank, accentuated the Vice Prime Minister.

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