IFC and EBRD to Help Modernize Ukraine’s Roads Network, Attract Investments

As part of the advisory agreement signed today, IFC and the EBRD, in partnership with the Global Infrastructure Facility (GIF), will advise Ukraine's State Road Agency (Ukravtodor) in structuring public-private partnership (PPP) projects that will rehabilitate, repair, and reconstruct two road segments in eastern and western Ukraine. Private sector partners—to be chosen through an international competitive bidding process—will finance, operate, and manage the upgrade of nearly 422 km of existing roads, critically important for national freight logistics, in line with good international industry practice.