First five investments projects worth $430 mln were submitted for consideration to DFC

First five investments projects worth $430 mln were submitted for consideration to DFC

The Advantage Ukraine investment platform team in partnership with the Ukrainian Economy Ministry, has prepared the first investment projects totaling $430 million and forwarded them to the United ...

"The first five projects have been accepted for consideration by the DFC. In particular, these are projects of Ukrainian investors in the construction, manufacturing, e-commerce, and residential real estate sectors totaling $430 million. Each of them will be evaluated separately. There is also a lending project worth several million [U.S. dollars] for a foreign investor to manufacture construction materials," Deputy Economy Minister Alexander Giban said.

Several projects are being reviewed at an early stage now, which Advantage Ukraine expects to forward to the DFC soon, Giban said. In particular, these include projects in the logistics, high-degree processing of agricultural products, energy, animal husbandry, and construction materials sectors, he said.

The DFC recently announced its willingness to mobilize over $1 billion in private capital to support the Ukrainian economy, the ministry said.

The Ukrainian Economy Ministry and the DFC are working together to prepare and compile a list of investment projects with assistance from Advantage Ukraine, whose project team is in charge of the initial selection of projects with support from the USAID Competitive Economy Program in Ukraine and in cooperation with applicants.

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