Economy
investmentWB to invest US $800 mn for repair of Kyiv-Kharkiv highway
The World Bank is planning to allocate US $800 mn for the repair of Kyiv-Kharkiv highway, informed press service of the State Road Agency UkrAvtoDor.
“This year, a high level of selection of loan funds for all projects has been achieved – over 30%, which indicates a considerable progress compared with the last year vividly showing the efficiency of cooperation with Ukraine. That is why the leadership of the World Bank in Ukraine, Belarus and Moldova represented by its director Qimiao Fan showed its readiness to increase the investment portfolio in the Ukrainian economy,” informed Chief of International Cooperation at UkrAvtoDor Teresia Babych.
International Bank for Reconstruction and Development is ready to start preparation for implementation of the third infrastructural project in Ukraine, namely repair of the stretch from Poltava to Kharkiv of the M-03 Highway “Kyiv-Kharkiv-Dovzhanskiy”, construction of the beltway around Reshetylivka and construction of the transport junction in the village Butenky.
International Financial Organizations are planning to allocate US $800 mn. Two joint project, which are being implemented in Ukraine, have proven to the WB the efficiency of investing into the Ukrainian economy, said Babych.
Design, style, and all the contents of website www.capital.uaare protected by copyright and law. Any use of site materials is allowed only while meeting the requirements of reprinting terms and with the reference to www.capital.ua.Only materials in public domain can be used and adding of link and/or direct hyperlink open for search engines to immediate material address on www.capital.ua. The link/hyperlink should be placed in the sub-title or in the first paragraph of the material. Font size of the link or hyperlink should not be less than the font size of the main text in the material. Any use of materials that are in closed access and are only available to registered users is allowed only with the prior written permission of the copyright owner. Reprinting, copying, reproducing, modifying or any other use of materials published with the note 
of the agreement of syndication with Financial Times Limited are strictly prohibited. Use of materials which refers to France-Presse, Reuters, Interfax-Ukraine, Ukrainian News, UNIAN agencies is strictly prohibited. Materials marked 
are published as advertisements.
All rights reserved. © 2012 — 2016