The Ukraine Investment Framework (UIF) has approved the launch of a new package of public investment programs, providing for the financing of 11 projects in various sectors. Three of these will be implemented under the coordination of the Ministry of Communities and Territories Development, including the World Bank and EBRD “Rehabilitation of Essential Logistics Infrastructure and Network Connections (RELINC)” project, which covers railways, roads, ports on the Danube, and the modernization of border crossing points.
The RELINC project covers the entire territory of Ukraine, with a priority on de-occupied regions, and aims to improve transport links and enhance the resilience of infrastructure to climate change. The other two projects focus on social housing and the rehabilitation of water supply and sanitation systems. The total UIF resource volume is €9.4 billion, of which €6.2 billion has already been allocated to support projects.
Maryna Denysyuk, Deputy Minister for Communities and Territories Development, noted that the approval of financial support for new projects took place at the fifth meeting of the UIF Governing Council, attended by representatives of the EU, international financial institutions, and relevant Ukrainian ministries. According to her, the UIF’s current resources are only sufficient to cover a tenth of the needs for the restoration of transport, housing, and municipal infrastructure, requiring additional investment for the accelerated and effective implementation of the projects.