Release date: 14 July 2020
Promoter – Financial Intermediary
STATE ROAD AGENCY OF UKRAINE (UKRAVTODOR)Location
Description
The project supports road rehabilitation and regional development in eastern Ukraine in the Luhansk region.
Objectives
The investment loan would support investment in the reconstruction of regional roads T13 and R66 in the Luhansk oblast, therefore improving regional connectivity and strengthening the agricultural value chain due to improvements in the associated road infrastructure. The road investment will improve the regional road network with the objective of improving the quality of the road, creating safer road conditions and reducing environmental pollution through improved traffic flow.
Sector(s)
- Transport - Transportation and storage
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 186 million
Environmental aspects
Significant environmental or social risks are not expected and no adverse impact on nature conversation areas is foreseen. Compliance with the Bank's environmental and social standards will be assessed during the project appraisal.
Procurement
The Bank will require the Promoter to ensure that any procurement procedures are done in accordance with the Bank's Guide to Procurement and the relevant EU public procurement rules.
Status
Signed - 9/12/2020
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).