- With an EU grant for more than €50 million, Ukraine will rebuild critical infrastructure damaged during the war and reopen routes using temporary bridges.
- These grant funds are part of the EIB’s Ukraine Solidarity Urgent Response packages developed together with the European Commission.
The European Investment Bank (EIB), the bank of the European Union, has signed an EU grant agreement for over €50 million with the State Agency for Restoration and Infrastructure Development of Ukraine in Kyiv. The funds will support the agency in the emergency acquisition of temporary bridges to improve mobility, helping the country surmount obstacles caused by Russian attacks by connecting the Ukrainian population with the aid and services they need.
Much transport infrastructure has been destroyed since Russia began its war against Ukraine, isolating millions of people from the rest of the country and cutting them off from medical care, humanitarian aid, food and pharmaceutical supplies. To serve the agency’s priority of building temporary bridges, the EIB will provide Ukraine with the EU grant funds available under the Neighbourhood Investment Platform, originally granted to enhance the country’s transport networks.
This grant complements the EIB’s Ukraine Solidarity Urgent Response packages prepared in cooperation with the European Commission as an urgent measure to support Ukraine. Of the €2.3 billion in emergency relief granted, €1.7 billion was already paid out in 2022 to finance critical infrastructure needs to keep the country going.
Mustafa Nayyem, Head of the State Agency for Restoration and Infrastructure Development of Ukraine, remarked, “Destroyed roads and bridges can cost lives in wartime. Since the beginning of the Russian Federation's full-scale invasion, 157 bridges and overpasses have been destroyed on the state roads of Ukraine. The agency for restoration works non-stop to restore routes by rebuilding or bypassing the destroyed road network structures. We appreciate that the EIB and EU partners are ready to support us as we rebuild bridges that will be connecting millions of Ukrainians facing the consequences of war. The priority is to put bridges on the sections of road on which the humanitarian situation in the region critically depends. Temporary bridges purchased by the EU grant funds will help to connect Ukrainian people with services that are vital for their survival and resistance.”
At the signature ceremony in Kyiv, EU Ambassador in Ukraine Matti Maasikas said: “The European Union firmly supports Ukraine’s efforts to restore lifeline infrastructure and services in war-affected communities. The rapid replacement or reconstruction of bridges, allowing restoration of the critical road network connections, is a matter of priority, in order to ensure prompt evacuations of civil population, supply of necessary medical and humanitarian aid, as well as to provide access to basic social services and ensure regional connectivity. This is why today, the European Union is pleased that signature of the grant agreement between EIB and Ukrainian State Agency for Restoration and Development of Infrastructure will allow the purchase and installation of the additional temporary bridges with the EU grant support.”
Signing the agreement on behalf of the EIB, Rafal Rybacki, EIB Division Head for Public Sector Lending Operations in EU neighbouring countries, explained, “Russia's war in Ukraine has also taken its toll on roads and bridges. Yet, this has not shaken the resilience of the Ukrainian people. Ukraine’s commendable efforts to adapt to the new and difficult realities of daily life in the shadow of war include restoring road network connections. As the bank of the European Union, the EIB is pleased to sign this repurposed grant agreement with the State Agency for Restoration and Infrastructure Development of Ukraine. In a context of Russian aggression, temporary bridges are a quick and effective way to restore transport connections. This is an absolute necessity to ensure prompt evacuation of civilians and access to medical health services and humanitarian aid for millions — in other words: to save lives.”
Speaking from Kyiv where the agreement was signed alongside the partners, Head of the Resident Representation of the EIB to Ukraine Jean-Erik de Zagon said: “Today’s signature between the EIB and the State Agency for Restoration and Infrastructure Development of Ukraine will allow the agency to purchase and install additional temporary bridges with over €50 million of EU grant support. It will help to relink communities and improve transport connections to mitigate the impacts of disruptions caused by the war. Moving ahead, the fast recovery of Ukraine is of paramount importance for the European Investment Bank, the bank of the European Union.”
The EIB and the European Union work closely with Ukrainian authorities to overcome the challenges created by the Russian military aggression and support Ukraine’s rapid recovery. Since Russia's unprovoked and unjustified war of aggression started, the European Union, its Member States and the European financial institutions have been united in their unwavering support for Ukraine, consistent with a Team Europe approach. Find out more about the assistance provided so far on the European Commission’s web page and on the EIB’s web page.
Background information
EIB Global is the EIB Group’s specialised arm dedicated to increasing the impact of international partnerships and development finance. EIB Global is designed to foster strong, focused partnership within Team Europe, alongside fellow development finance institutions, and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices across the world.
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