OPIC to channel USD 62mln for investments in Ukraine

OPIC to channel USD 62mln for investments in Ukraine

Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution has endorsed the funding of two funds – Horizon and Dragon Capital

On June 9, the OPIC board of directors approved the allocation of total USD 62mln for investments in Ukraine. USD 37.5mln will be channeled to Horizon Capital (through Emerging Europe Growth Fund) to support SME, provide start-up capital, or participate in privatization. Another USD 25mln for direct investment fund Dragon Capital. The fund is expected to have a significant developmental impact in Ukraine by investing in established Ukrainian businesses that are focused on product expansion, modernization, and growth potential in a wide range of sectors including agribusiness, healthcare, infrastructure, retail, consumer goods, and real estate. 

According to the official website of OPIC. 

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