Ukraine’s reconstruction: Svyrydenko presents investment support mechanisms.

Ukrainian Economy Minister Yulia Svyrydenko met with representatives from multiple EU governments (France, Italy, Germany, and eight other countries) to discuss deepening economic cooperation, attracting European investors to privatization, and Ukraine’s post-war reconstruction.

Svyrydenko emphasized that collaboration with the EU remains a key focus of Ukraine’s economic development, with exports to the bloc last year representing 59.5% of the $24.7B export total. The minister urged European businesses to invest in Ukraine now.

“The reconstruction of Ukraine will create additional opportunities for private enterprise, as its role in reconstruction will be vital. Even the war has not resulted in an investment embargo,” Svyrydenko stated.

Currently, the government offers various forms of investment support:

1. tax and customs benefits for companies operating in industrial parks, as well as compensation for infrastructure development costs
2. subsidies of up to 30% for investment projects worth €12M or more
3. a €9.3B program that includes grants, EC guarantees, and technical assistance
4. war risk insurance