UKRAINE MUNICIPAL INFRASTRUCTURE FRAMEWORK LOAN

Promoter – Financial Intermediary

Ministry of Regional Development, Construction, Housing and Municipal Services of Ukraine

Location

• Ukraine

Description

Framework loan for the rehabilitation and upgrading of municipal infrastructure in Ukraine

Objectives

The project will extend the life of critical urban infrastructure in the energy, water and sanitation sectors, reducing losses, improving energy efficiency, reducing the intensity of greenhouse gas (GHG) emissions, and contributing to the security of energy and water supply. The funding will support the country's transition as well as encourage economic and sector reforms and sustainable development.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

• Urban development - Construction
• Energy - Electricity, gas, steam and air conditioning supply
• Water, sewerage - Water supply; sewerage, waste management and remediation activities
• Solid waste - Water supply; sewerage, waste management and remediation activities

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Proposed EIB finance (Approximate amount)

EUR 406 million

Total cost (Approximate amount)

EUR 800 million

Environmental aspects

The operation will focus on urban infrastructure projects with limited negative environmental impacts. Environmental pre-screening of the projects, including connection infrastructure where applicable, will be required. Ex-ante approval of the allocations by the Bank will be required to ensure compliance with the Bank's environmental and social standards including those on emission performance standards and those on the protection of sites of nature conservation, where applicable.

Procurement

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Status

Signed - 23/07/2015