First Deputy Prime Minister and Minister of Economy of Ukraine Yuliia Svyrydenko met with Alfonso Garcia Mora, IFC Vice President for Europe, Latin America, and the Caribbean. The meeting was also attended by First Deputy Minister of Economy Oleksii Sobolev and representatives of the International Finance Corporation (IFC).
Key topics of discussion included cooperation with IFC and the World Bank to increase the role of the private sector in Ukraine’s reconstruction, improving access to financing and capital markets, developing public-private partnerships (PPP), work on the Investment Strategy, and preparations for the Ukraine Recovery Conference (URC2025).
“We are grateful to IFC for its unprecedented financial, technical, and advisory support to Ukraine, which continues amid the war. There is currently a need to increase private sector involvement in rebuilding key sectors of the economy, and one way to achieve this is by developing public-private partnerships. We highly appreciate IFC’s assistance in improving PPP legislation and identifying priority sectors for further cooperation. We also hope to deepen our collaboration in developing sectoral strategies and a multi-year growth plan for the Ukrainian economy,” said Yuliia Svyrydenko.
IFC and the World Bank Group are also actively assisting Ukraine in developing the Investment Strategy—a comprehensive document aimed at mobilizing direct foreign investment into key industries over the next five years. The parties agreed to present the initial outcomes of this work at the Ukraine Recovery Conference (URC2025) in Rome this July.
The partners also discussed the need to expand effective tools in Ukraine’s capital market and IFC’s involvement in the Ukraine Investment Framework, the investment component of the Ukraine Facility. IFC has submitted a proposal under the second call for proposals from the European Commission and plans to invest in private equity funds operating in Ukraine’s priority sectors.
In the area of public investment, the parties agreed to strengthen cooperation on the Single Project Pipeline, including exploring the possibility of structuring it to improve the bankability of selected initiatives.
IFC (International Finance Corporation) is part of the World Bank Group and has extensive experience in preparing and implementing PPP projects across various economic sectors, including logistics, energy, healthcare, and infrastructure. Over the past seven years, the Government of Ukraine has been actively working with IFC to develop the country’s public-private partnership potential.
On December 12, 2022, the Government of Ukraine and IFC signed a Memorandum of Understanding under which IFC serves as a strategic advisor to the government, helping to create favorable conditions for increasing private investment in Ukraine’s infrastructure, particularly through PPP mechanisms.
Under this Memorandum, IFC continues to provide support in developing financial mechanisms to attract private capital—especially using public and donor funding—and in conducting tenders for the implementation of critical projects in key economic sectors.
