Ukraine to implement over 200 infrastructure projects in cooperation with the EIB this year and next: Prime Minister

The Government will allocate EUR 100 million from the European Investment Bank through the Ukraine Facility to restore water supply and sewerage. Prime Minister Denys Shmyhal announced the relevant agreements between Ukraine and the EIB at a meeting of the Cabinet on 1 April.

According to Denys Shmyhal, the resources will be used to rebuild water and sewage systems and bring them up to modern standards. In total, the need for reconstruction of water supply and sewerage exceeds USD 11 billion.

The Prime Minister also said that the Government had decided on a new EUR 100 million tranche from the EIB to restore critical and social infrastructure.

“We are talking about the restoration of water and heat supply, education, healthcare, and housing for internally displaced persons. Thanks to cooperation with the EIB, we are implementing more than 400 projects under this programme, some of which have already been completed. More than 200 more will be finalised this year and next,” he said.

According to Denys Shmyhal, the total portfolio of all EIB projects in Ukraine today is about EUR 4.3 billion. They cover critical infrastructure, housing, energy, transport, education, social policy, and digitalisation.