EBRD intends to implement 25-30 new financing projects in Ukraine in 2018

The European Bank for Reconstruction and Development (EBRD) plans to implement around 25-30 new financing projects in Ukraine, EBRD Director in Ukraine Sevki Acuner said at a press conference in Kyiv on Wednesday.

The bank plans to step up its presence and it is always open for business, he said.

In turn, EBRD Director for Transport Sue Barrett said that three or four projects for EUR 100-200 million will be implemented in the transport and infrastructure spheres.

As reported, the EBRD in 2017 approved projects for EUR 800 million for Ukraine, which is 37% more than a year ago. In 2017, Ukraine became the third largest recipient of EBRD loans following Turkey, which received EUR 1.54 billion in loans, as well as Egypt with EUR 1.41 billion loans.

To date, the bank has made a cumulative commitment of almost EUR 12.1 billion across some 400 projects since the start of its operations in the country in 1993.