Lithuania, Sweden and Canada launch fund to restore Ukraine’s ports and transport infrastructure

In Stockholm, the parties signed an agreement on the establishment of a special fund to support the International Transport Forum.
Lithuania, Sweden, Canada and Ukraine signed an agreement on the establishment of a special fund to support the International Transport Forum (ITF) for the restoration of Ukrainian transport infrastructure, writes Delfi.
The Lithuanian Ministry of Communications and Transport noted that the fund provides financial and analytical support to cover Ukraine’s urgent needs in the field of civil transport. These include ports, railways, roads, aviation, urban mobility and logistics.
The head of the Lithuanian department, Juras Taminskas, said that the country would continue to be involved in the reconstruction of Ukraine’s transport sector, providing experience and knowledge.
“With joint efforts, we can not only contribute to the restoration of the destroyed road and railway infrastructure, but also help create reliable and sustainable transport links with Ukraine,” the official emphasized.
The fund will be coordinated by CIG4U (Common Interest Group for Transport in Ukraine), a group that helps countries exchange information on the current needs of the Ukrainian transport system and promotes initiatives to restore long-term transport links.
At the suggestion of Lithuania, the Lithuanian Central Project Management Agency (CPMA) is to assume the executive functions of the fund.
The first planned projects include the installation of automated transport weighing systems at Ukrainian border crossings, the reconstruction of electrical substations, and initiatives aimed at increasing the resilience and protection of critical transport infrastructure.
Support for Ukraine is planned to be provided in cooperation with the World Bank, the European Investment Bank, and other international financial institutions.
As recently stated by the Minister for Development of Communities and Territories of Ukraine, Oleksiy Kuleba, more than 680 objects of Ukraine’s port infrastructure have been destroyed or damaged.
