EU has created an investment structure under the Ukraine Facility

The EU has created the Ukraine Investment Framework, which is a financial instrument and an integral component of the €50 billion Ukraine Facility. This is stated in the message of the European Commission.

The investment framework is designed to stimulate public and private investment for the recovery and reconstruction of Ukraine.

At the first meeting of the Ukraine Investment Framework Steering Board, EU member states adopted the rules of procedure and strategic guidelines of the investment structure, launching work on the first investment programs. The latter are expected to be signed at the Ukraine Recovery Conference to be held in Berlin in June.

The Steering Committee provides strategic and operational guidance and ensures that the Ukraine Facility, reform and investment strategy for the next four years are in line with the Ukraine Strategy.

Ukraine’s investment program includes a financial package totaling €9.3 billion, of which €7.8 billion is for loan guarantees and €1.51 billion is for blended financing. The Ukraine Investment Framework is expected to mobilize up to €40 billion in public and private investment over the next few years.

«The Ukraine Investment Framework will focus on assisting small and medium-sized enterprises, municipalities, and regions, rebuilding infrastructure, and foster the green and digital transitions. Rebuilding Ukraine means rebuilding the country according to EU rules and standards. So, as we support Ukraine in its accession path, we also strengthen the investment environment based on our rules and standards so that growth and jobs can thrive,» noted European Commissioner for Neighborhood and Enlargement Olivier Várhelyi.

As GMK Center reported earlier, on April 15, 2024, the European Commission approved the Ukraine Facility Plan and proposed that the EU Council adopt the document. The Ukraine Facility was approved on March 1 and provides stable financing of up to €50 billion in grants and loans to support the recovery, reconstruction and modernization of Ukraine for 2024-2027.