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The World Bank will loan $65 million to rebuild 183 km of roads in the government-controlled portion of Luhansk

Monday, October 12, 2020
The World Bank will loan $65 million to rebuild 183 km of roads in the government-controlled portion of Luhansk

The World Bank will loan $65 million to rebuild 183 km of roads in the government-controlled portion of Luhansk, Ukravtodor reports on Facebook. Three road sections have be chosen to have the maximum impact on the reviving the region’s economy by easing the export of local crops. At the same time, the World Bank will loan $35 million for farming promotion projects – a food safety laboratory and a logistics hub — undertaken by the Ministry of Reintegration of the Temporarily Occupied Territories. Separately, Ukravtodor is negotiating with the European Investment Bank a $100 million loan for additional road projects in Luhansk and Donetsk.

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