“The manager of the directors of the World Bank approved a new package Operational effectiveness in the transport sector. About it reports Interfax-Ukraine. Drive supplements the current project “Restoration of the Basic Logistics Infrastructure and Network (Relinc)” within which the”, – WRITE ON: ua.news
The manager of the directors of the World Bank approved a new package Operational effectiveness in the transport sector.
About it reports Interfax-Ukraine.
Drive supplements the current project “Restoration of the main logistics infrastructure and network connection (Relinc)”, which put modular road bridges and produce 200 wagons-platforms to increase the capacity and export capacity of Ukrzaliznytsia.
The World Bank noted that since the beginning of the war in February 2022, Ukraine’s transport infrastructure has undergone significant damage, which violated key imports and export routes. According to the recently published rapid assessment of the damage caused and the needs for recovery (RDNA4), in the transport sector the road infrastructure was affected the most: 58% of the transport sector; 30% of state roads and bridges, 11% of local roads and bridges and 17% of communal roads have suffered significant destruction.
Drive funding includes a loan of $ 212 million from the International Bank for Reconstruction and Development (IBRD) within the framework of the trust fund for Ukraine (Advance Ukraine), which supported the Government of Japan. Financing also includes a loan of $ 210 million from a special program for the restoration of Ukraine and Moldova (SPUR) and a grant of $ 10 million from the trust fund, restoration, reform and reform of Ukraine (URTF).
The project will be implemented by the State Agency for Recovery and Development of Infrastructure of Ukraine.
The project page on the Bank’s website states that it has three components, the first of which is to save the National Road Network. This component includes two components. As part of the first – investment for national roads worth $ 270.48 million – is funded by the production, execution and supervision of construction work aimed at maintaining in the proper operational condition of individual sections of national roads, in particular through prompt maintenance, overhaul of roads and major repairs.
The second component – the reform of national roads and road transport – is allocated $ 90 million for the efficiency of the transport sector with an approach -oriented approach.
