EBRD to Allot € 1.5bln in Financing Different Projects in Ukraine EBRD President

Other News Materials 28 November 2006 13:45 (UTC +04:00)

Jean Lemierre, the President of the European Bank for Reconstruction and Development (EBRD), stated in an exclusive interview for Trend that As of today, the 2007 pipeline for Ukraine stands at в'¬EUR 1.5 billion.

In particular: Transport в'¬ 40 million, Property &Tourism в'¬250 million, Natural Resources в'¬300 million, Infrastructure в'¬80 million, General Industries в'¬250 million, FI в'¬80 million and Energy в'¬250 million, he added. The Bank and Ukraine are meeting in mid-December 2006 to agree EBRD/Ukraine Programme of Cooperation in the public sector for 2007-2008, which will outline specific projects. The EBRD may co-finance projects in transport, energy and municipal sectors with the EIB. These sectors, as well as energy efficiency initiatives and carbons credits will be among top priorities for the Bank in Ukraine, according to Mr. Lemierre