European Commission provides EUR 100M in guarantees to attract investment in Ukraine's recovery

European Commission provides EUR 100M in guarantees to attract investment in Ukraine's recovery

photos
Ukrinform
The European Commission and the International Finance Corporation (IFC) have signed an agreement to provide EUR 100 million in guarantees for investment in Ukraine's reconstruction projects.

The Ministry for Communities and Territories Development announced this on Telegram, Ukrinform reports.

"In Brussels, as part of the Ukraine-EU: Invest in Recovery forum, the European Commission and the International Finance Corporation (IFC) signed an agreement to provide EUR 100 million in guarantees for investments in Ukraine," the statement reads.

According to the ministry, the guarantees will be directed to the Amber Dragon [Ukraine Infrastructure] Fund, which invests in transport, logistics, energy, and telecommunications – key sectors for Ukraine's recovery and sustainable economic growth.

Read also: Norway, Netherlands to help Ukraine restore energy infrastructure – Zelensky

The initiative is being implemented under the Better Futures – Resilience, Reconstruction and Regeneration of Ukraine (RE-Ukraine) program, launched by the European Commission within the Global Gateway framework. Its component, the High Impact Equity Program, provides for direct IFC equity investments in Ukrainian companies, unlike the debt instruments that previously dominated financing structures.

Photo: Ministry for Communities and Territories Development of Ukraine

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and the website of a foreign media outlet. Materials marked as "Advertisement" or with a disclaimer reading "The material has been posted in accordance with Part 3 of Article 9 of the Law of Ukraine "On Advertising" No. 270/96-VR of July 3, 1996 and the Law of Ukraine "On the Media" No. 2849-Х of March 31, 2023 and on the basis of an agreement/invoice.

Online media entity; Media identifier - R40-01421.

© 2015-2025 Ukrinform. All rights reserved.

Extended searchHide extended search
By period:
-