Ukraine, Japan sign credit agreement worth almost $1 bln for reconstruction of Bortnychi aeration station

13:02, 06.06.2015 1 min read

Japan confirmed a provision of a JPY 108 billion loan for the reconstruction of Bortnychi aeration station.

Ukrainian President Petro Poroshenko and Japanese Prime Minister Shinzo Abe were present during the signing of the respective document in Kyiv on Saturday.

As reported, on February 11, 2015 representatives of PJSC Kyivvodokanal (Kyiv) and Japan International Cooperation Agency (JICA) said the signing of a loan agreement between the government of Ukraine and Japan as part of the reconstruction of Bortnychi aeration station is expected in early summer 2015.

The cost of preparation work Ukraine is obliged to fulfill before the start of the realization of the project and the signing of the agreement is assessed at UAH 125 million, of which UAH 5 million would be meant for a fitting of the European project to the Japanese technology standards financed in 2014.