Ukrainian Minister of Economy, Environment, and Agriculture Oleksii Sobolev met with representatives of the International Finance Corporation (IFC), part of the World Bank Group, to discuss cooperation on privatization and public-private partnerships (PPP), the Ministry of Economy reported.
Key topics included attracting investments through privatization and PPPs, forming an investment portfolio for potential investors, expanding access to private sector financing, and aligning on Ukraine’s new investment strategy.
“Ukraine is moving from preparation to implementing large-scale privatization and PPP projects. We expect to launch the first PPP tenders next year and count on IFC’s expert support in preparing complex transactions,” Sobolev said.
The Ukrainian side presented its vision for a privatization campaign set to start in 2025, involving two asset portfolios: strategic enterprises and non-critical state assets. IFC confirmed its readiness to assist in project analysis, preparing major transactions, and attracting global investors.
Special attention was given to PPP development, including pilot healthcare projects in Zhytomyr and Vinnytsia, as well as a new concession for the Chornomorsk port terminal, which could potentially draw about $200 million in investments.
The Ministry is also working on regulatory acts under the new PPP law and developing mechanisms such as Viability Gap Funding (VGF) and a Project Preparation Facility (PPF).
The sides also discussed attracting equity capital for Ukraine’s post-war recovery and agreed to coordinate efforts on presenting Ukraine’s new Investment Strategy, scheduled to be unveiled at the World Bank Annual Meetings in autumn 2025.
