The U.S. International Development Finance Corporation (DFC) and Ukraine have agreed to each contribute $75 million to the establishment of a Reconstruction Investment Fund. This was announced by Prime Minister Yulia Svyrydenko, who noted that the fund is now beginning its operational activities.
This is reported by Business • Media
“This is another important step in the process of launching the full operation of the Fund, and from today we can declare: operational work has started,” she emphasized.
Key Investment Areas and Project Launch
Svyrydenko highlighted that the fund’s priorities will be projects in the energy sector, infrastructure development, and the extraction of critical minerals. Over the next two years, by the end of 2026, three large-scale projects are planned for implementation. She added that the established fund opens new opportunities for attracting investments, creating modern production facilities, implementing new technologies, and generating new jobs, which will contribute to the economic and security resilience of the country.
Separately, Svyrydenko noted that the fund’s initial capital holds special significance for Ukraine, as American investments can become an important security factor for both parties.
Funding Plans and Next Steps
Ukraine’s Minister of Economy Oleksiy Sobolev stated that considering additional payments for licenses, the Fund’s capital could reach $200 million by 2028. This resource will be sufficient to kickstart the first major investment projects. The inflow of funds from Ukraine will occur in stages, according to the agreed projects, with about half of the amount allocated in the state budget for 2025, and the remainder in 2026. In the near future, in October-November, an investment advisor is expected to be selected for the effective management of the fund.
Additionally, the State Service of Geology and Subsoil of Ukraine has announced a competition for the conclusion of an agreement regarding the distribution of metallic minerals at the “Dilyanka Dobra” site in the Kirovohrad region. This site was recently visited by representatives of the Ukrainian government along with American partners to assess the investment potential for mineral extraction and processing in the region.