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EBRD To Invest In Ukraine's Small, Medium Businesses, Transport Infrastructure (15:28, Sunday, May 18, 2008)

The European Bank for Reconstruction and Development intends to actively invest in the development of Ukraine's small, midsized businesses, private sector, and road transport infrastructure improvement (construction and reconstruction of highways, railways, ports), EBRD President Jean Lemierre told the press.

He also said the bank is planning to invest in banking sector, power industry, energy saving, agro-industrial complex, and municipal projects.

The European Bank for Reconstruction and Development intends to provide more credits for implementation of projects in Ukraine without government guarantees.

The annual planned volume of the bank's investments in Ukraine exceeds EUR 1 billion.

As Ukrainian News reported, EBRD Director for Ukraine Kamen Zahariev is predicting the bank's investment of USD 1.5 - 1.7 billion in Ukraine in 2008.

The EBRD council meeting is in session in Kyiv on May 17 - 19.



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