The European Investment Bank (EIB) Group's Board of Directors approved on May 19 a framework loan of EUR 400 million to restore and develop municipal infrastructure in Ukraine , the bank said in a press release posted on its website. The project will extend the lifespan of critical urban infrastructure in the energy, water and sanitation sectors, will reduce losses, improve energy efficiency, reduce the intensity of greenhouse gas emissions, and will contribute towards improving energy and water supply security. Ukrainian Ministry for Regional Development, Construction, Housing and Communal Services will be EIB's partner in the project implementation.
