Ukravtodor is negotiating with the EBRD and EIB financing the reconstruction of access roads to Kiev

Public service roads Ukravtodor is in talks with the European Bank for Reconstruction and Development and the European Investment Bank on financing the reconstruction of access roads to Kiev.

told reporters head Ukravtodor Vadim Gurzhos.

According to preliminary data, we have received confirmation that they will consider this issue and we will be able to finance, - said Gurzhos.

He also added that Ukravtodor is negotiating with a group of financial institutions to attract investment under the state guarantees, which are provided in the state budget.

The market starts to move, and now the most pleasant thing that Ukrainian banks are also engaged in talks with us on financing under the state guarantees. Especially those banks that were refinanced by the NBU, - said the head Ukravtodor.

Now the company has remained unused 2,3 billion hryvnia state guarantees.

As earlier reported, in May Ukravtodor announced his intention to reconstruct the access roads to Kiev in a radius of 50 km from the capital.

According Ukravtodor, to finance the project Improvement of transportation operational condition of roads on the approaches to the city of Kiev is planned for the means of a special fund of the state budget (23%) and to attract loans from the European Bank for Reconstruction and Development and European Investment Bank ( 77%).

start this project is planned this year, the duration of construction and repair works will be 30 months, the value of 1 071.6 million euros.

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