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The EBRD is preparing a soft loan of €450 million to Ukravtodor to build a northern bypass highway around Lviv and to help fund the rebuilding the southern two thirds of the 475 km Kyiv-Odesa highway.

Monday, October 12, 2020
The EBRD is preparing a soft loan of €450 million to Ukravtodor to build a northern bypass highway around Lviv and to help fund the rebuilding the southern two thirds of the 475 km Kyiv-Odesa highway.

The EBRD is preparing a soft loan of €450 million to Ukravtodor to build a northern bypass highway around Lviv and to help fund the rebuilding the southern two thirds of the 475 km Kyiv-Odesa highway. Ukraine’s highway agency is to contribute €247 million to the two projects, which have a total cost of €1.1 billion. In December, the EBRD Board is to vote on the loan, which is packaged as upgrading two key trade corridors in the Trans-European Transport Network.

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