Representatives of the Ukraine Reconstruction Fund took part in Kyiv Investment Day

Representatives of the Ukraine Reconstruction Fund took part in Kyiv Investment Day

On May 1, 2024, representatives of the Ukraine Reconstruction Fund took part in the Kyiv Investment Day 2024, organized by the Ministry of Economy of Ukraine in partnership with the USAID Competitive Economy Program.

In the light of the upcoming Ukraine Recovery Conference (URC24) to be held in June in Germany, Kyiv Investment Day brought together representatives of business and international institutions to discuss the involvement of the private sector in Ukraine’s economic recovery.

The keynote speech at the event was delivered by U.S. Ambassador Extraordinary and Plenipotentiary to Ukraine Bridget Brink, and welcomed by First Vice Prime Minister and Minister of Economy Yulia Svyrydenko.

“These two years have taught us that war is not an embargo on investment, and Ukraine is not a continuous red zone with many risks. We see dozens of examples of investors who are investing in Ukraine right now,” Svyrydenko said.

The First Deputy Prime Minister reminded that the government offers foreign investors war risk insurance, industrial parks, and tax benefits to enter the Ukrainian market. It also provides support for projects with significant investments of more than €12 million, with compensation of up to 30% of the investment amount.

 

Representatives of the Ukraine Reconstruction Fund took part in Kyiv Investment Day

Pavlo Kostyuk

“Throughout the war, Ukraine has consistently felt the assistance of the United States, which has actually become a strategic partner of our country. Investments in Ukraine now, during the war, are important for maintaining the country’s economic potential and resilience, as well as for its future recovery and development,” commented Pavlo Kostyuk, founder of the Ukraine Reconstruction Fund.

As noted at the forum, in 2023 alone, the United States allocated nearly $380 million to support the agricultural sector, and about $1 billion to support the energy system.

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