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EBRD to provide Ukrposhta with EUR 4.5 mln grant to expand Internet access in remote areas
KYIV. Dec 16 (Interfax-Ukraine) – The Board of Directors of the European Bank for Reconstruction and Development (EBRD) has approved a EUR 4.5 million grant to expand Internet access in Ukraine through the national postal operator JSC Ukrposhta.
"A grant of EUR 4.5 million, to be drawn from the EBRD’s Shareholder Special Fund, will support Ukrposhta in buying satellite internet devices and supporting power generators to provide reliable internet connection and mobile charging points across the company’s postal network, the largest in the country," the bank said.
"The grant proceeds will cover 1,700 post offices in more than 450 cities and towns. Ukrposhta will top up the EBRD’s EUR 4.5 million with an additional EUR 1.5 million of its own funds for this project, to buy more equipment, including heating stoves, Wi-Fi routers and lighting equipment," it said.
As reported, the EBRD at the end of November 2022 provided Ukraine with more than EUR1 billion and mobilized more than EUR 1.4 billion in donor support.
