Summary sheet
The project supports road rehabilitation and regional development in eastern Ukraine in the Luhansk region.
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.
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.
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.
This operation is covered by the ELM Guarantee.