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|**BISNISHome PageSearchBISNISEmbassyReportsCountryReportsIndustryReportsPublicationsSourcesof FinanceLeadsand EventsExchangeRatesState ExportsOtherSources** |  | October 1997The European Bank for Reconstruction and Development (EBRD) The EBRD is
currently considering financing for several energy-related projects in Ukraine.  These projects
include rehabilitation of the Kiev district heating system (worth $108.6 million), currently in the
"preparation" stage; commercialization and privatization of Ukraine's system for transporting
natural gas from Russia to Central and Western Europe ($145.3 million), in "appraisal;" purchase
and installation of gas meters ($78.5 million), in appraisal; and rehabilitation of the Krivoy Rog
Power Plant ($272.7 million), currently in appraisal.  For more information, contact Dean
Peterson, U.S. Department of Commerce, Senior Commercial Officer at the EBRD, in London
at 011-44 (171) 338-6569 (voice), or  011-44 (171) 338-6487 (fax).Asian Development Bank (ADB) The ADB has approved a $12.5 million loan to
support establishment of a rural credit union network in Kyrgyzstan.  The project will help
establish 280 credit unions across the country.  The credit unions will make capital more readily
available for both farmers and non-farm rural activities.  The project will include an $8.4 million
credit line to match credit union members' contributions. It will also provide technical support and
training to two supervisory agencies.   The project will cost a total of $22.1 million. The
concessional loan will be interest-free, with a service charge of 1 percent per annum and is
repayable over 40 years, including a 10-year grace period.  For more information, contact Denny
Barnes, Senior Commercial Officer at the ADB, in Manila at 011 -63 (2) 890-9364 (voice), or
011-63 (2) 890-9713 (fax).This report is provided courtesy of the Business Information Service for the Newly
Independent States (BISNIS)