KIEV, Oct. 10 - The World Bank could approve a partnership strategy for the World Bank and Ukraine for 2008 - 2011 that envisions investment of up to $1 billion annually, senior economist at the World Bank office in Ukraine Martin Raiser said in Kiev Tuesday.

The World Bank board of directors will confirm the strategy by year's end, he said.

Loans will make up $300 million - $400 million of annual investment and the rest will be provided as investment credits.