Deputy Minister of Infrastructure for European Integration Anna Yurchenko has held a working meeting with representatives of the World Bank. The meeting focused on Ukraine's primary infrastructure needs and the involvement of the World Bank in financing "survival projects."
The Ministry of Infrastructure announced this in a statement, the CFTS portal reports.
According to the statement, the implementation of such projects is planned for a short period of 6-9 months.
"The ministry's priority projects are currently the reestablishment of transport links between cities and expansion of the export logistics potential. Their implementation will enable Ukraine to withstand the war and prevent its economy from shutting down. We are grateful to the World Bank for its willingness to participate in the financing of such initiatives. We are currently discussing the possibility of raising USD 100 million for railway and road projects. In addition, we are working together on the creation of a targeted fund for rebuilding Ukraine, as well as the establishment of a project office that will coordinate this process. We expect the fund to be one of the principal sources of funds for financing Ukraine’s infrastructural revival," Yurchenko said.
The reconstruction projects will be synchronized with the implementation of key reforms, including public procurement reforms, pricing systems in the construction industry, development of standard forms for subcontracts, etc.
Representatives of the Ukrainian Ministry of Infrastructure’s Reform Support Team and the RISE Ukraine Coalition also took part in the talks.
