World Bank's board of directors’ US$ 450mn loan to boost Ukraine roads quality

The World Bank's board of directors has approved a decision to loan Ukraine US$450 million to finance a project improving the condition and quality of the country’s roads and national road safety. A key element of the project is major repairs to the Kiev - Kharkov highway section between Lubny and Poltava. The World Bank previously provided a $ 400 million loan for earlier stages of the road improvement and highway safety project, which began in 2009.
October 3, 2012 Read time: 1 min
The 2332 World Bank's board of directors has approved a decision to loan Ukraine US$450 million to finance a project improving the condition and quality of the country’s roads and national road safety.

A key element of the project is major repairs to the Kiev - Kharkov highway section between Lubny and Poltava. The World Bank previously provided a $ 400 million loan for earlier stages of the road improvement and highway safety project, which began in 2009.

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