Business news from Ukraine

DFC accepted for consideration first investment projects in Ukraine for sum more than $400 million

23 March , 2023  

The team of Advantage Ukraine investment platform operating in partnership with the Ministry of Economy of Ukraine prepared and sent the first investment projects, totaling $430 million, to the American Corporation for International Development Finance (DFC) for consideration, the Ministry of Economy said on its website on Wednesday.
“The first five projects have been accepted for consideration by the DFC. In particular, these are projects of Ukrainian investors in the sectors of construction, production, e-commerce and residential real estate – a total of $430 million. Each of them will be evaluated separately. Also the project of crediting a foreign investor for the production of building materials for a few million, “- the department quotes Deputy Minister Oleksandr Griban from a meeting with business, organized by the American Chamber of Commerce in Ukraine.
He also clarified that at the moment several projects are at the early stages of processing, which Advantage Ukraine hopes to transfer soon to the DFC, in particular, projects in the sectors of logistics, deep agro-processing, energy, livestock and production of building materials.
The Ministry of Economy reminded that DFC has recently announced its readiness to mobilize more than $ 1 billion of private capital to support the Ukrainian economy.
It is noted that the Ministry of Economy and the DFC cooperate in the preparation and formation of the list of investment projects with the help of Advantage Ukraine. The project team of the initiative works with the support of the USAID Competitive Economy Ukraine Program and pre-selects projects, working with applicants.

,