KFW mission will arrive in Ukraine on July 4 to approve a loan for 300 million euros

Source : 112 Ukraine

Part of the funds will go to infrastructure projects in Donbas, on energy and transport projects
17:20, 28 June 2016


In July 4 the mission of the German KFW will arrive in Ukraine to approve the projects on implementation of the second part of Unrelated financial credit in the amount of 300 million euros. It is reported by the press service of Ministry of Regional Development.

As notes the Minister of Regional Development, Construction and Housing Gennadiy Zubko, funds can be directed to the intended purpose by the end of this year.

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"Some of these funds may be used to restore the infrastructure of Donbas. If we evaluate the amount of funding in areas, so 150 million euros allocated for energy projects, 80.67 million euros - for infrastructure projects, 60 million euros - for the purchase of equipment to modernize the locomotive fleet. The total funding of agreed projects amounted to 290.67 million euros, "- said Gennadiy Zubko.

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