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The Ministry of Development is working on attracting Finnish businesses to investment projects for reconstruction

The Ministry of Development is working on attracting Finnish businesses to investment projects for reconstruction
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Deputy Ministers of Community and Territorial Development of Ukraine, Maryna Denysiuk and Andrii Bratus, met with representatives of Finnish businesses. The discussion focused on further involving Finland’s private sector in Ukraine’s reconstruction projects.

The meeting included representatives from companies such as Nokia, Wärtsilä, KONE, Sweco, and Hesburger.

“Finnish companies have always been synonymous with quality, reliability, and environmental responsibility. This is exactly the approach we need today as we lay the foundation for future generations of Ukrainians. Our main principle is to rebuild better than before. We are confident that the expertise of Finnish businesses will be – and already is – a significant contribution to this task. Ukraine’s priorities in the reconstruction process remain: energy resilience and decentralized generation, critical infrastructure (especially water supply and energy facilities), housing restoration and support for internally displaced persons, and the development of transport infrastructure. We highly appreciate the Finnish side’s readiness to engage in specific initiatives in many of these areas. We especially look forward to further developing cooperation within the framework of the Finnish-Ukrainian Investment Fund (FUIF). Ukraine will continue to be a reliable and open partner for Finnish businesses. We are grateful for the opportunity to maintain dialogue and seek new joint opportunities to implement shared projects,” said Maryna Denysiuk.

 

We have a successful joint Ukrainian-Finnish project – the construction of a nearly zero-energy consumption school in the village of Mykulychi. The school, which accommodates 200 students, was destroyed due to military actions and will be rebuilt with funding from a Finnish grant of 5 million euros.

 

 

The Finnish-Ukrainian Investment Fund (FUIF) was created to support public investments in Ukraine that align with the UN Sustainable Development Goals, Ukraine’s national reconstruction priorities, and promote the involvement of Finnish technologies, goods, and services. It is a concessional investment loan ranging from 10 to 20 million euros. Within its framework, project selection has begun, focusing on those projects Finnish companies have expressed interest in implementing.

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