The IFC will help Ukraine develop public-private partnership investment projects.

Ukraine’s Cabinet of Ministers have approved a draft version of a Memorandum of Understanding between the Government of Ukraine and the International Finance Corporation (IFC), which is part of the World Bank. Cooperation with the IFC will help develop significant public-private partnership investment projects and will significantly increase Ukraine’s ability to attract reconstruction investment. The IFC’s role involves supporting the government in creating the conditions under which private investors are comfortable and able to substantially invest in Ukraine’s infrastructure. According to the Minister of Economy, Yulia Svyridenko, cooperation will involve the IFC’s assistance in prioritizing projects for the country’s recovery in the following sectors: transport and logistics, urban infrastructure, social infrastructure, and energy.