Authorization

Ukraine, EIB to sign deal on urban transport development in late Oct - early Nov

Ukraine, EIB to sign deal on urban transport development in late Oct - early NovThe Cabinet of Ministers has authorized Minister of Infrastructure Volodymyr Omelyan to sign a financial agreement with the European Investment Bank (EIB) on the project of urban transport development in the cities of Ukraine.

Introducing the draft resolution of the Cabinet, Omelyan said the agreement is to be signed during the visit of the EIB president to Ukraine, which will take place in late October-early November.

Read also: Investment flow in Ukraine rose by 32%

"Its implementation will allow creating conditions for providing the population with high-quality transportation by bus, tram, trolleybus and subway, taking into account the needs of people with disabilities and other low mobile groups. To ensure the stable operation and further development of passenger transport, raise the level of technical electric equipment of enterprises, as well as investment in the infrastructure of cities," Omelyan said.
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