At the first EU-Ukraine Investment Conference, held by the bloc in cooperation with the Ukrainian government in Warsaw, the European Union called on European businesses to invest in the recovery and reconstruction of Ukraine, the EU Delegation to Ukraine reports.
EU companies are invited to submit their proposals by 1 March 2025. Proposals will be considered and linked to investment projects funded by the Ukraine Investment Framework (UIF), which is an integral part of the EU's €50 billion Ukraine Facility.
By encouraging business partnerships and EU private sector participation in Ukraine's recovery and reconstruction, the EU is also contributing to Ukraine's further integration into the bloc's single market.
‘The launch of the EU Call for Expressions of Interest is an important step towards attracting investment for Ukraine's recovery. We are committed to creating a favourable environment for foreign investment. The EU-Ukraine Investment Conference allows us to remind international business that war is not an embargo on investment,’ said Yuliya Svyrydenko, First Vice Prime Minister and Minister of Economy.
She added that it is necessary to join forces to rebuild Ukraine now, without waiting for the war to end.
The Call's priority areas are based on the Ukraine Plan and the UIF Strategic Guidelines (an integral part of the Ukraine Facility), which identify key priority sectors of the economy that require foreign direct investment to support Ukraine's socio-economic recovery. These include:
- Energy: Development of sustainable energy solutions, including renewable energy projects and modernisation of existing energy infrastructure.
- Critical raw materials: Investing in the processing of key minerals and resources needed for high-tech industries and renewable energy technologies.
- Processing industry and manufacturing: Reviving and modernising the manufacturing sector to increase the competitiveness of industrial production.
- Construction materials: Supporting the reconstruction of housing stock and public buildings, in particular by investing in the construction materials industry, construction companies and construction supervision.
- Information technology and digital transformation: Strengthening digital infrastructure and technologies to promote innovation and development in various sectors.
- Transport and export logistics: Rebuilding and modernising transport, logistics and public infrastructure to support connectivity.
The first EU-Ukraine Investment Conference, organised on 13 and 14 November as part of the 4th ReBuild Ukraine International Exhibition, marks a significant step forward in attracting private investment to Ukraine. The conference brings together more than 5,000 participants, including companies, banks and investors from Ukraine, the EU and other countries, to promote private investment for the recovery, reconstruction and modernisation of Ukraine.
Since the beginning of Russia's war of aggression against Ukraine, the EU and its member states have provided almost €122 billion in financial, humanitarian and military assistance to Ukraine and to support Ukrainians in the EU.
This includes €15.6 billion mobilised under the Ukraine Facility, with up to €50 billion in grants and loans for the period 2024-2027.