An online meeting was held between the First Deputy Prime Minister and Minister of Economy of Ukraine, Yuliia Svyrydenko, and the Minister of Investment of the Kingdom of Saudi Arabia, Khalid Al-Falih. The parties discussed the development of investment cooperation, collaboration in the energy and healthcare sectors, Saudi Arabia's participation in the Ukraine Recovery Conference (URC 2025), and upcoming bilateral visits.
The meeting was also attended by First Deputy Minister of Economy Oleksii Sobolev, Deputy Minister of Economy and Trade Representative of Ukraine Taras Kachka, Deputy Minister of Energy Mykola Kolisnyk, Deputy Minister for Communities and Territories Development Maryna Denysiuk, Deputy Minister of Health Edem Adamanov, and other government officials.
"Ukraine and Saudi Arabia have made significant progress in preparing a framework for investment cooperation that will provide structured access to a wide portfolio of projects in key sectors — infrastructure, housing construction, and energy. The recently adopted Public-Private Partnership (PPP) Law opens new opportunities to attract private capital, including Saudi investment, into public projects in priority sectors of the economy," noted Yuliia Svyrydenko.
During the conversation, the sides discussed opportunities to strengthen dialogue between Ukrainian funds and Saudi Arabia's financial institutions to establish collaboration and create joint investment mechanisms.
They also discussed cooperation in the energy and medical fields — particularly the expansion of cooperation in the supply of liquefied gas and other energy resources. The Saudi side confirmed its readiness to implement the agreements under the $300 million Memorandum of Understanding. In healthcare, the focus was on collaboration in transplantation and rehabilitation services.
Another key topic was Saudi Arabia’s participation in the Ukraine Recovery Conference (URC 2025), to be held on July 10–11 in Rome. Khalid Al-Falih confirmed Saudi Arabia’s interest and noted that a high-level delegation from the kingdom plans to attend the conference.
The discussion also covered preparations for a visit by a Ukrainian government delegation and business representatives to Saudi Arabia. The parties agreed to organize bilateral meetings at the government level, an investment roundtable, and business-to-business meetings. Over 50 Ukrainian companies have already expressed interest in taking part in the joint event to establish mutually beneficial partnerships.
Saudi businesses also expressed interest in participating in investment projects in Ukraine, particularly in port and logistics infrastructure, and are looking forward to cooperation in the agro-industrial, construction, and energy sectors. The parties discussed the possibility of organizing a visit to Ukraine by Saudi government officials and business representatives.
