EU unveils €1.5 billion investment boost to back Ukraine's recovery, reconstruction and modernization
A new package of eight programmes worth EUR 1.5 billion was endorsed at the sixth Steering Board of the Ukraine Investment Framework (UIF), aimed at unlocking EUR 3.4 billion in new investments to support Ukraine's economic and social recovery.The funding will target crit...
A new package of eight programmes worth EUR 1.5 billion was endorsed at the sixth Steering Board of the Ukraine Investment Framework (UIF), aimed at unlocking EUR 3.4 billion in new investments to support Ukraine's economic and social recovery.
The funding will target critical sectors such as energy, education, connectivity, agriculture, and small businesses, and will also finance shelters in education facilities. For the first time, UIF resources will be allocated to dual-use technologies and strategic industries.
The programmes will be implemented by financing institutions including existing partners (EBRD, IBRD, KfW, IFC) and new partners (Finnvera, BPIFrance, CDP), highlighting UIF's role in attracting new players to Ukraine's investment landscape.
To date, UIF has allocated EUR 8.4 billion, about 90% of its total capacity, expected to mobilize EUR 25.2 billion in investments in Ukraine. The Steering Board brought together EU Member States, European Parliament observers, Ukrainian government bodies, the Government of Norway, and major European and international financial institutions.
UIF forms part of the EUR 50 billion EU Ukraine Facility designed to attract public and private investments for Ukraine's recovery, reconstruction, and modernization. It is endowed with financial instruments totaling EUR 9.5 billion, with the aim of directly contributing to and mobilizing investments in Ukraine.