Ukraine and the European Investment Bank (EIB) have signed an agreement on the engagement of experts under the JASPERS advisory programme to accelerate the implementation of public investment projects.
The agreement outlines the involvement of a team of experts to support the implementation of EIB investments in Ukraine through the Ukraine Facility mechanism. The experts will assist in accelerating the preparation and implementation of critical projects. The initial focus will be on the energy, transport and social housing sectors, with plans to expand to other areas, including Public Investment Management (PIM) reform.
JASPERS consultants will help government institutions and municipalities to develop and implement investment projects in line with EU standards. This initiative is part of the extended JASPERS advisory programme, which has now been extended to Ukraine. The programme is funded by the EIB and the European Commission, which provide EUR 20 million in advisory support for Ukraine’s economic development.
JASPERS (Joint Assistance to Support Projects in European Regions) is a European Investment Bank (EIB) and European Commission (EC) advisory programme to help countries develop high quality investment projects. Since 2022, JASPERS has been supporting the development of transport infrastructure in Ukraine. The programme aims to integrate the Ukrainian and Moldovan railway systems with the EU, increase border capacity to reduce waiting times, and advise on national transport strategies. Notable projects include developing rail links between Lviv and the Slovak and Hungarian borders, as well as Lviv and the Romanian border.
Information provided by the Ministry of Economy of Ukraine.
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