: German state-owned company to give Ukraine 5.85 million euros

10:16 Jun. 15, 2016

German state-owned company to give Ukraine 5.85 million euros

Ukraine's Minister of Regional Development Hennady Zubko (UNIAN Photo)

Money will be spent on developing Ukrainian cities

Ukraine's Deputy Prime Minister and Regional Development Minister Hennadiy Zubko and representative of the German Society for International Cooperation (Deutsche Gesellschaft fur Internationale Zusammenarbeit, GIZ) Sabine Müller signed an agreement on implementing the EUR 5.85 million worth of project 'Integrated development of Ukrainian cities', the Ukrainian news outlet reports. 

The project seeks to introduce the urban development experience of the Leipzig Charter member-cities to four Ukrainian cities.

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"It is very important that the best experience, developed by the Leipzig Charter cities, will be introduced in Ukrainian cities chosen for the project - Vinnytsia, Zhytomir, Poltava and Chernivtsi," Zubko said at the signing ceremony.

The project will last for three years and come up with integrated development concepts for the above-said cities.

The German Federal Ministry for Economic Cooperation and Development and the Swiss State Secretariat for Economic Affairs will allocate EUR 5.85 million for the project.

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In addition, the cities participating in the project will allocate about EUR 200,000 in kind (a barter) by providing free office space, for example. Zubko said that the project implementation will allow Ukrainians to implement new logistics technologies, create new jobs, improve quality health care and set up recreational areas, while still using the existing infrastructure.

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