The European Investment Bank is to provide EUR 80 million in loans and grants to improve road safety in Ukraine, largely in the five largest cities
Tuesday, May 29, 2018

The European Investment Bank is to provide EUR 80 million in loans and grants to improve road safety in Ukraine, largely in the five largest cities

The European Investment Bank is to provide EUR 80 million in loans and grants to improve road safety in Ukraine, largely in the five largest cities: Kyiv, Kharkiv, Dnipro, Lviv, and Odesa. The program will focus on increasing access to public transport, financing street infrastructure for safety, IT solutions for better traffic management, and facilities to protect cyclists and pedestrians. At the signing ceremony in Brussels last week, Violeta Bulc, European Commissioner for Transport, said: “Road safety is a human rights issue: every life counts. A comprehensive approach, including behavior change, education, enforcement and infrastructure, is needed. We have developed expertise and commitment in improving road safety in the EU and are glad to share this globally with partner countries such as Ukraine.” Over the last decade, traffic accidents in Ukraine killed about 5,000 people a year.

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