Business news from Ukraine

Ukrainian Foreign Minister invited Kuwait to join in rebuilding Ukraine

18 April , 2023  

Ukrainian Foreign Minister Dmytro Kuleba, who is on an official visit to Kuwait, held talks with Walid Al-Bahar, head of the Kuwait Fund for Arab Economic Development, about projects to rebuild Ukraine.
“In Kuwait, I met with Walid Al-Bahar, acting director of the Kuwait Fund for Arab Economic Development, to invite Kuwait to participate in the reconstruction of Ukraine. We discussed social and humanitarian projects, in particular the construction of schools and hospitals,” Kuleba wrote on Twitter.
According to the press service of the Ukrainian Foreign Ministry, Walid Al-Bahar said that his foundation is ready to participate in the International Conference on the reconstruction of Ukraine, which will be held in late June in London. He also stressed that cooperation with Ukraine will be one of the fund’s priorities.
The interlocutors paid special attention to the social projects, in particular the construction of new hospitals, schools and kindergartens in Ukraine, as well as the implementation of programs of psychological support and rehabilitation of Ukrainians who suffered during the war.
Minister and the head of the Fund agreed to organize in the nearest future a meeting of experts from Ukraine and Kuwait in order to discuss in detail the prospects of cooperation.
As Kuleba noted that “in the general perspective of post-war reconstruction, Ukraine is likely to become the largest construction site in the world”.
Kuwait Fund for Arab Economic Development is a state financial institution of Kuwait, which participates in development projects in 105 countries of the world with the total amount of $21,8 billion.

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