The government calls on businesses to prepare investment projects to receive funding from the EU.

Economy Minister Yuliya Svyrydenko called on Ukrainian businesses to prepare investment projects to use the Ukraine Investment Framework investment attraction tool. At the second International Summit of Cities and Regions, she said the EU will finally approve the plan to implement the Ukraine Facility program in a few days.

The Ukraine Facility includes a tool for attracting investments – the Ukraine Investment Framework (UIF), which will contribute to the private sector’s involvement in the development of the Ukrainian economy as it opens additional opportunities for cities and communities.

UIF is a component of the Ukraine Facility, an instrument with a €9.3B volume. With various risk-sharing instruments, mixed financing, and grants, the UIF will contribute to attracting about €40B to the Ukrainian economy in the coming years.

Meanwhile, according to the Ministry of Finance, with the support of the credit institution for the reconstruction of KfW, nine investment projects worth more than €345M are already being implemented in Ukraine, of which €33.4M are grants.