The European Bank for Reconstruction and Development (EBRD) is reallocating part of its existing sovereign loan to the State Agency for Restoration and Development of Infrastructure of Ukraine.
With the total €267 million reallocated, the EBRD will fund emergency repairs on sections of the M-06 road heading west from Kyiv towards the Slovak and Hungarian borders, and commit the loan’s second tranche of €160 million. The project incorporates new road safety and climate mitigation measures. Work will be on road sections in Kyiv, Rivne and Zhytomyr regions.
