Business news from Ukraine

Business news from Ukraine

Japan donated $95 million to rebuild Ukraine

13 January , 2023  

The Japanese government has allocated $95 million for government work and reconstruction of Ukraine, the Ministry of Community Development, Territories and Infrastructure said.
The document was signed by Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Kuninor Matsuda and UNDP Assistant Administrator, Director of UNDP Regional Bureau for Europe and CIS Ivana Zhivkovich with participation of Deputy Prime Minister for Reconstruction of Ukraine Oleksandr Kubrakov.
The funds will be sent to the United Nations Development Program (UNDP) as part of a partnership agreement.
“While the Armed Forces of Ukraine are liberating territories from occupiers, the government is working with international partners to implement ‘survival projects’: restoring transport links to the liberated regions, creating conditions for citizens to return to their homes, maintaining the economy in the regions,” the Ministry of Community, Territory and Infrastructure Development said in a statement.
Ukraine’s aid program focuses on five key areas:
Strengthening the government’s ability to respond to and manage the crisis;
supporting public services so they can continue their work;
rebuilding critical infrastructure so people can return home safely;
Supporting private businesses so they can continue to operate, thereby supporting communities;
Strengthening civil society and social ties.
Earlier, in April 2022, Japan had already allocated $4.5 million for emergency explosive ordnance clearance and debris removal.

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