Deputy Minister for Communities and Territories Development of Ukraine, Maryna Denysiuk, took part in a meeting of the Ukraine Investment Framework (UIF) Steering Board in Brussels.
"Our main goal is to attract as many partners and financial institutions as possible to support Ukraine's recovery and to ensure the rapid and efficient mobilization of funds through the UIF mechanism," Denysiuk said.
During the meeting, Ukraine submitted applications for €771 million in guarantees and €271 million in grant funding. In her speech, the Deputy Minister emphasized that the distribution of grant support must follow a fair and strategic approach. Priority for grants and assistance in project documentation preparation should be given to frontline regions.
She also highlighted the need to align municipal investment projects with Ukraine’s Public Investment Management (PIM) reform, stressing the importance of submitting such projects to the Single Project Pipeline (SPP).
When discussing the European Investment Bank (EIB) project portfolio, Denysiuk noted significant progress:
"We have significantly increased the use of funds across all ongoing projects and introduced a tranche-based approach. Resource disbursement is under constant control by project coordinators and the bank team. After a few months' delay due to the transition to the bank's new mandate, we are now preparing new disbursements for this year," she said.
The Ukraine Investment Framework (UIF) is a major EU initiative supporting investment in Ukraine during the war and the post-war recovery. It focuses on channeling funds into critically important public sector projects (energy efficiency, transport, utilities, education) and supporting small and medium-sized businesses.
