The Cabinet of Ministers in Ukraine has taken steps to secure additional funding of almost EUR 62 million from the European Investment Bank (EIB) for the energy sector. Ukrainian Prime Minister Denys Shmyhal revealed this development during a government meeting, emphasizing that the funds will support various key projects within the country such as social infrastructure, energy sustainability, and heat supply.
Moreover, Ukraine is strengthening its partnerships with other countries, with the Republic of Korea signing an agreement to provide $100 million in financing. This comes as part of a larger coalition aimed at the recovery and financial stability of Ukraine. Additional support packages have been secured from Switzerland, Germany, and the United States, totaling billions of dollars for various reconstruction and energy projects across the country.
Denmark has also contributed EUR 44 million for critical infrastructure projects in the Mykolaiv region. These collaborations underscore the international support and investment in Ukraine’s development and infrastructure. With these efforts, Ukraine is moving towards a more sustainable and resilient energy sector.
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