The EBRD will redirect a €182M loan to the State Agency for Reconstruction and Development of Infrastructure of Ukraine to repair the section of the M-09 road from Lviv to Rava-Ruska on the Ukrainian-Polish border.
This amount will be redirected from the primary loan of €450M for Ukravtodor from 2020. The funds were intended to finance the construction of highways in the Kyiv, Odesa, and Lviv regions. However, due to the Russian attacks on the port infrastructure, cargo flows have been reoriented to land routes from western Ukraine to the EU. Therefore, the government of Ukraine asked the EBRD to change the purpose of part of the loan.
This road is the main route between Lviv and Warsaw and part of the TEN-T corridor, and traffic intensity has been increasing significantly since the beginning of the war. “Currently, there is an urgent need to improve the condition of this road,” the EBRD emphasized.