Ukraine and partners are jointly working on creating a structured fund to support investments in key sectors of the Ukrainian economy: infrastructure, energy, industry, agriculture, high technologies, education, and healthcare, said First Deputy Minister of Economy Oleksii Sobolev.
“We see interest from several leading institutional development funds to participate in the Ukraine Investment Framework (UIF) program and expect announcements about their projects soon. This process has already started, but to meet the needs of reconstruction, we need even more effort,” Sobolev explained on Facebook the need to create such an additional fund.
He recalled that thanks to the risk mitigation tools provided by UIF, investments have already been attracted in infrastructure, SMEs, green energy, and innovations, but the demand for effective mechanisms is much greater.
“That is why, together with partners, we are working on creating a European investment platform that will combine state and business resources and meet EU standards,” said the First Deputy Minister.
According to him, this week in Paris, during a special event attended by representatives of the European Commission, the French government, leading European DFIs (Proparco, KfW, CIP), fund managers (Amundi, Natixis), and the largest Ukrainian private investment funds, discussions were held about expanding and creating new financial mechanisms to help attract more private capital to the country’s reconstruction.
Sobolev also reported that he discussed with Nicolas Dufourcq, CEO of the French state investment bank Bpifrance, the possibility of creating a targeted financial instrument to support investment in reconstruction.
“We hope to present developments regarding the launch of a special venture fund focused on Ukraine already in July. This will help attract more French private sector participation in reconstruction projects,” the First Deputy Minister noted.
He added that the meeting also touched on the possibility of expanding the insurance program for French companies, especially exporters, by “unlocking” this activity within the existing Bpifrance instrument, analyzing the needs of Ukrainian businesses and French manufacturers.
It is noted that the next step is planned to present the subsequent actions for mobilizing private capital at the Ukraine Recovery Conference URC-2025, to be held on July 10–11 in Rome.
“This issue is extremely important: according to recent estimates, at least one-third of Ukraine’s reconstruction must be covered by private investments. This requires effective solutions to overcome financing deficits and mobilize private capital into the economy right now,” Sobolev added on Facebook.
