Ukraine: EIB invested more than half a billion euros in 2021

Ukraine: EIB invested more than half a billion euros in 2021

February 4, 2022

In 2021 the European Investment Bank – the bank of the European Union – invested €554 million in developing Ukraine’s transport infrastructure, urban mobility, education infrastructure, and the local economy, including support to increase COVID-19 resilience. 

Summing up last year’s results, the bank concluded that among the countries of the Eastern Neighbourhood, Ukraine remained the main recipient of EIB funding, having received more than 60% of all lending in the region. 

In 2021, the EIB complemented its long-term lending in Ukraine by attracting an additional nearly €29 million in EU grants for urban transport development, energy efficiency of public buildings, recovery of social infrastructure and vocational education and training development. EU grants will also finance technical assistance for the preparation and management of solid and bankable projects.

Since the beginning of the operations in Ukraine 15 years ago, the EIB has invested more than €7 billion in the public and private sectors in the country, making the EU bank one of the country’s top investors.

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