The European investment Bank decided to allocate 50 million euros for infrastructure of Ukraine

Европейский инвестиционный банк решил выделить 50 миллионов евро на инфраструктуру Украины

The European investment Bank decided to allocate 50 million euros for infrastructure “Railways” and “Ukravtodor”.

This is evidenced by data Bank, transmit Ukrainian news.

The funds will be used to resolve problems with bottlenecks in the infrastructure of these companies.

The Board of Directors of the Bank approved the project on September 18.

Total cost of the project is 110 million euros.

We will remind, on roads near Kiev in the direction of chop and Odessa in 2019 intend to build five two-level interchanges. About it reports “Ukravtodor” on his page in the social network Facebook,

The Ministry noted that in connection with the intensive development of settlements near the capital the number of vehicles that daily travel on the road to Kiev, has increased significantly. In particular, at the international motor road M-05 (Kyiv – Odesa) at settlements of Shepherds, Hatna, Ivankovic traffic intensity is more than 40 000 vehicles per day.

“Realizing the need to address the situation on the roads M-05, M-06 at the entrances to Kyiv State Agency of automobile roads of Ukraine together with the European Bank for reconstruction and development (EBRD) and European investment Bank (EIB) implements a project to improve safety on the approaches to Kiev”, – stated in the message

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