16 billion euros for business: Ukraine creates a powerful investment fund.
Ukraine considers creating a large-scale investment fund to support business
Ukraine is actively considering the possibility of creating a large investment fund that will promote business development. According to plans, by 2027 this fund should reach a volume of 16 billion euros.
According to the statement of the head of the committee on the organization of state power, local self-government, regional development, and urban planning, Olena Shuliak, the fund will be created within the framework of the Ukraine Facility program, and its financing will be provided by international and European financial institutions.
Organizations such as the European Bank for Reconstruction and Development, the European Investment Bank, the Council of Europe Development Bank, and the World Bank will be able to participate in the fund. Special attention will be given to supporting the construction industry.
"The fund can significantly support business development, particularly for those wishing to work in the construction field. We expect that the fund will promote the development of the construction industry and other sectors," Shuliak stated.
The creation of such a fund could become an important step in supporting Ukrainian business, especially in the post-war recovery and economic development.
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