Prime Minister of Ukraine Volodymyr Groysman held a meeting
with Vice-President of the European Investment Bank Vazil
Hudák. The parties tackled ways of
deepening cooperation and potential areas of implementation of joint projects.
Volodymyr Groysman stressed that the Government attaches particular
importance to the joint work of Ukraine and the European Investment Bank and is
ready to deepen bilateral cooperation.
In particular, among the priorities for cooperation are the modernization of Ukrainian Railways, support of
projects for the construction of pumped storage plants, energy efficiency,
infrastructure and so on.
the Government is interested in signing a loan agreement on the project
"Higher education. Energy Efficiency and Sustainable Development",
which will allow higher educational institutions to ensure the efficiency in
Minister stressed that as a result of fiscal decentralization the local budgets
in Ukraine had accumulated a considerable resource and obtained opportunities
and finances to cooperate with international financial institutions, to service
loans and successfully implement projects.
the Head of Government stressed on the necessity of improving the performance
of the investment portfolio. So, under the projects being implemented in
Ukraine to the tune of EUR 2 billion there have been used only UAH 400 million.
to him, it is crucial to systematize project management, to reduce the
influence of bureaucracy to ensure efficient use of the funds.
In turn, Vice-President
of the EIB Vazil
Hudák noted that all European Union countries want to see
Ukraine a stable and prosperous country, and a
strategic partner as well.
to him, the European Investment Bank is ready to participate in projects in
Ukraine and expand cooperation. In particular, in the
agricultural sector, introduction of innovations in education area. He
also evaluated the high-level expertise of IT specialists.
have other projects. We want to move along fast and to become a reliable
partner for Ukraine", said Vice-President of the European Investment Bank.
impressed with the people who are young, dynamic, with the vision and the
commitment to reform Ukraine. We are here to work hard and help Ukraine to
become a modernized and advanced country", he stressed.