Ukraine and the EIB sign €134 million agreement to rebuild roads and bridges

Repair of the P-55 Odesa-Voznesensk-Novyi Buh road. Photo: United Construction Company

Ukraine and the European Investment Bank have signed an agreement to finance a €134 million project to restore critical transport infrastructure.

This was reported by the Ministry of Communities and Territories Development.

The agreement was signed at the URC2025 international conference in Rome by Oleksii Kuleba, Vice Prime Minister for Reconstruction of Ukraine, and Teresa Cervinska, Vice President of the EIB.

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«EUR 134 million euros is a contribution to real change for people. Restoring transport infrastructure means access to safety, healthcare, and normal life. It is also about the country's economic resilience in the face of a major war,» commented Oleksii Kuleba.

The funds will be used to repair roads, bridges and key logistics facilities in the regions that have experienced an increased load due to the war. Priority will be given to routes that provide access to medical, humanitarian and administrative services.

The project will be implemented jointly with the State Agency for Reconstruction and Development of Infrastructure.

As a reminder, the Reconstruction Service plans to spend 946 million hryvnias to repair more than 800 km of roads in Mykolaiv region.