Ukraine is launching the Ukraine Development Fund and anticipates $30B in investment over four years through the Ukraine Facility.

At the World Economic Forum in Davos, Minister of Economy Yuliya Svyridenko reported that work is underway on the Ukraine Development Fund and other instruments for attracting investment.

“In 2023, the total volume of direct foreign investment in Ukraine increased, and we plan to increase their volume this year and next year to reach pre-war indicators“, Svyridenko emphasized.

As she specified, Ukraine continues to improve the investment climate by expanding its insurance architecture against political and military risks, launching ship insurance programs, and improving air defense. Ukraine continues reforms that are important for the efficient operation of business and that create additional investment opportunities.

“The investment mechanism within the Ukraine Facility will contribute to attracting at least $30B of additional investments over the next four years by providing guarantees to international financial organizations”.