Business news from Ukraine

Ukraine can raise EUR 200 mln in grants from France for infrastructure reconstruction

13 February , 2024  

The Cabinet of Ministers of Ukraine has approved attracting EUR200 million in grants from France for the reconstruction and restoration of critical infrastructure.

According to Taras Melnychuk, a representative of the Cabinet of Ministers in the Verkhovna Rada, who posted on Telegram, the decision taken at a government meeting on Tuesday approved a draft grant agreement between the governments of Ukraine and France to help restore and maintain critical infrastructure and priority sectors of Ukraine’s economy.

The agreement provides for the attraction of grant funds from the French government in the amount of EUR 200 million. They will be used to reconstruct and restore critical infrastructure in sectors such as healthcare, infrastructure, energy, agriculture, water supply and sanitation, waste management, demining, and digital technologies.

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