KYIV, Jan 18 - The European Bank for Reconstruction and Development (EBRD) will provide up to $50 million loan to JV Nibulon LLC to support the expansion and modernization of Nibulon's grain logistics infrastructure in 2018-2019.

EBRD Senior Adviser Anton Usov told Interfax-Ukraine that the project was approved by the bank's board at a Wednesday meeting.

According to the materials of the bank, the project includes the construction of river terminals, transshipment crane, river fleet and Mykolaiv terminal enhancement.