The availability of war risk insurance changes the investment environment in Ukraine and attracts private investors.

Wednesday, October 25, 2023
The availability of war risk insurance changes the investment environment in Ukraine and attracts private investors.

According to Minister of Economy Yulia Svyridenko, the M10 industrial park, with 140,000 square meters of space, is currently being built in Lviv. The new industrial park has six production and storage facility sites and more than 3,000 workplaces.

MIGA issued a policy to a company that invested in the construction. It received guarantees against the risks of war and civil unrest for 10 years, for up to $9.1M.

Also, the Polish export credit insurance corporation, KUKE, insures investors interested in reconstructing Ukraine. For over a year, KUKE was the only insurance organization in the EU that provided guarantees for selling goods to Ukraine. The insurance helped to increase exports from Poland to Ukraine by almost 55% last year.

In addition, the DFC is currently working on several insurance applications for Ukrainian projects worth $200M.

Governments of the G7 and G19 countries, the European Commission, the World Bank, export credit agencies, and state insurers are also ready to insure investments against war and political risks in Ukraine.

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