In 2024, the Norwegian government plans to allocate about $23.6M (NRK 250M) to investments in Ukraine. Capital provided through Norfund will reduce risks for companies investing in Ukraine, particularly Norwegian companies. The Norwegian government also plans to continue this initiative in the coming years.
As well, the World Bank and the IFC will expand their presence in Ukraine, focusing on the reconstruction of housing and critical infrastructure while continuing to administer their projects that have already been started.
The Cabinet of Ministers adopted two documents to receive almost €62M in financing from the EIB, which will be directed to developing social infrastructure, energy sustainability, and heat supply.
In addition, about 3,000 Polish companies have expressed their desire to participate in projects to reconstruct Ukraine.
In Chernivtsi, representatives of the KfW credit institution and city management signed a grant agreement under which the European side will allocate an additional €19.75M for the modernization of the water supply system.