How can investors use co-financing to support Ukraine’s private sector?
Ukraine is coordinating with Development Finance Institutions (DFI) to find a way to support its private sector. A memorandum between the EBRD and DFIs on the Co-financing Platform allows long-term project financing and guarantees from DFIs together with the resources obtained through international financial organizations (IFI) to implement investment projects in Ukraine.
Minister of Economy Yuliya Svyrydenko noted that Ukraine needs investment in the private sector right now, before the end of the war. Therefore, using a co-financing platform is extremely important for supporting the country’s reconstruction.
The Ukrainian government offers investors a wide range of support programs – from infrastructure insurance against war risks to a program to support projects with significant investment and programs to stimulate the development of industrial parks. Investors also have access to various types of financing through the Ukraine Investment Framework. This is an instrument within the Ukraine Facility that will provide more than €9B over the next four years.