The Cabinet of Ministers of Ukraine has approved a document that will allow investors to receive compensation for the construction of engineering and transport infrastructure.
Investors will also be able to receive compensation for connection to engineering and transport networks.
BlackRock plans to raise USD 15 bln from investors to rebuild Ukraine.
The Ukraine Development Fund (UDF), which is likely to be registered in Luxembourg, could bring together a consortium of equity and debt investors to finance at least USD 15 bln of reconstruction work in Ukraine.
The government has approved a EUR 50 bln plan for the Ukraine Facility.
The programme, developed by the Ukrainian side together with European partners, is designed to run for 4 years. It includes public administration reforms, the fight against corruption, economic and sectoral reforms, the transition to green energy, digitalisation and European integration.
The Cabinet of Ministers of Ukraine have included two new industrial parks in the Register.
The Government’s priority is to develop local business, increase production of high-value added goods and promote the Ukrainian brand. The new sites will provide almost 4,000 jobs for entrepreneurs in various fields.
The EU Foreign Affairs Council has approved EUR 5 bln in support for Ukraine.
In order to make this decision, Ukraine fulfilled the four steps set by the European Commission.
Ukrainian innovators will receive grants from the EBRD and the EU totalling EUR 500,000.
The European Bank for Reconstruction and Development (EBRD) and the European Union will award grants totalling around EUR 500,000 to 10 Ukrainian companies for the development and implementation of innovative and climate-friendly technologies.
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