About 75% of the Ukraine Business Compact platform’s participants have already invested in Ukraine or may soon do so.

Wednesday, March 20, 2024
About 75% of the Ukraine Business Compact platform’s participants have already invested in Ukraine or may soon do so.

The Ministry of Economy, together with hundreds of companies from Ukraine and around the world, have started work to implement investment projects in promising sectors of the Ukrainian economy and discussed the possibilities of building strong international partnerships utilizing the Ukraine Business Compact (UBC) platform, which more than 700 international companies have already joined.

Among the surveyed representatives of global businesses who have joined UBC, 34% of respondents said they were already investing in the Ukrainian economy during the war, and another 39% are considering such a possibility, explained Deputy Minister of Economy Volodymyr Kuzyo.

According to him, Ukraine actively creates mechanisms to support investors and mitigate risks, including initiatives to ensure military risks and provide financial guarantees.

“This year, we have reserved funds to support significant investment projects and the development of industrial parks. The second line of our efforts aims to attract investments through international financial and development financing institutions”.

 

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