Investment opportunities in Ukraine over the next 10 years will exceed $292B.

Friday, April 26, 2024
Investment opportunities in Ukraine over the next 10 years will exceed $292B.

The Ministry of Economy has identified sectors for investment that may interest foreign companies – energy, transport and logistics, agro-processing, critical materials, green steel, and digital transformations, said Minister Yulia Svyrydenko during a meeting with Minister of Foreign Trade and Development of Finland, Ville Tavio.

Svyrydenko noted that Ukraine has several investment stimulation tools and initiatives to support the private sector’s development. These include a package of incentives for residents of industrial parks and investors who commit €12M or more. In addition, the introduction of Pillar II within the Ukraine Facility will assist in gaining access to €9B in project financing over the next four years through IFI guarantees.

The minister added that Ukraine has insurance against war risks, as well as through export credit agencies of other countries. It is noted that Finland’s government is ready to guarantee credit risk up to €50M through the national special financing company, EKA Finnvera, by providing export credit guarantees to promote exports from and investment in Ukraine.

 

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