Volodymyr Groysman met with World Bank Country Director for Belarus, Moldova and Ukraine Qimiao Fan

The completion of the investment project for the development of urban infrastructure, which was financed by the World Bank to improve the quality and energy-efficiency of water supply and sanitation systems in 14 cities of Ukraine, was discussed during the meeting between the Vice Prime Minister of Ukraine - Minister of Regional Development, Construction, Housing and Utilities Volodymyr Groysman and the World Bank Country Director for Belarus, Moldova and Ukraine Qimiao Fan.

Moreover, the parties discussed the prospects of adoption by the Verkhovna Rada of Ukraine of the draft Law "On amendments to certain laws of Ukraine regarding the improvement of payments for energy carriers and repayment of loans received from international financial organizations", which had been designed by the Ministry of Regional Development and was registered in the Parliament. The project envisages raising efficiency of participating enterprises for the centralized water supply taking into account the consumed power energy, and also determines a mechanism to ensure repayment of loans received from international financial organizations.

The parties stressed that the adoption of this law will make effect on the prospects for the implementation of another two joint with the World Bank investment projects "Development of urban infrastructure-2” and District Heating Energy Efficiency Project, that are planned to launch in 2014.

During the meeting the interlocutors agreed to hold a joint meeting of Volodymyr Groysman with the Vice President of the World Bank for Europe and Central Asia, Laura Tuck to discuss further cooperation between Ukraine and the World Bank.

The visit to Ukraine by the Vice-President of the World Bank for Europe and Central Asia was planned for the second half of September.