What is being done, what needs doing, and who's doing it.
The Council of Europe Development Bank (CEB) has approved a total of €150 million in funding for two housing projects in Ukraine, the country's finance ministry said on Monday. Of the total, €50 million will be dedicated to a new project aimed at helping internally displaced persons (IDPs)
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The Swiss Federal Council has approved negotiating an international treaty between Switzerland and Ukraine to create a legal basis that would allow Swiss private sector in participating in the reconstruction of Ukraine. Switzerland and Ukraine signed a memorandum of understanding at the World Economic Forum Annual Meeting in Davos that
HD Hyundai XiteSolution, the Korea-based manufacturer of heavy machinery, has opened a representative office in Ukraine's capital, as part of a strategy to support Ukrainian economy. During the opening ceremony, the company said it intends to participate in reconstruction projects and is exploring options for establishing production
Ukraine's Foreign Minister Andrii Sybiha stressed the potential for reconstruction of Ukraine to be the "project of the century" during a panel discussion at the World Economic Forum (WEF) in Davos. The continuous Russian "special military operation" in Ukraine since February 2022 has resulted
Ukraine has launched the Japan-Ukraine Platform on the Infrastructure Technology for Recovery and Reconstruction (JUPITeR), a platform aiming to engage the Japanese private sector in rebuilding efforts. JUPITeR was launched during an event that brought together 200 representatives of Japanese companies.
The State Secretariat for Economic Affairs of Switzerland (SECO) will on Jan 30 issue a call for proposals for Swiss companies operating in Ukraine to apply for co-funding of projects contributing to Ukraine's reconstruction and economic recovery under a previously announced CHF 500 million ($552 million) program.
German company Knauf won the auction for a 20-year special permit for gypsum extraction at the Skoviatynske deposit in Ternopil region in Ukraine. The State Geology and Subsoil of Ukraine held the auction, which attracted two bidders, with Knauf offering UAH 121.05 million ($2.87 million), while the
South Korea's tractor manufacturer TYM held a ceremony on Jan 17 at its Okcheon factory to send 20 tractors and their attachments to Ukraine in an inaugural shipment. The equipment — provided as humanitarian aid — will be shipped in the coming days and will be distributed among different Ukrainian
The Economic Court of Odesa has cancelled the UAH 1.6 billion ($37.9 million) agreement between the Road Department of the Odesa City Council and Avtomagistral-Pivden LLC for the reconstruction of the Ivanivskyi overpass. The court found that at the time of the agreement the Odesa City Territorial
The UK and Switzerland are providing $500 million for a pilot project in Ukraine on prioritization in humanitarian demining, Ukraine's Economy Ministry said. The funding will be used to implement the pilot project in Ukraine's Kharkiv region to prioritize territories for humanitarian demining.
South Korea's association of small and medium-sized businesses MainBiz said on Wednesday it has signed a memorandum of understanding (MoU) with the Odesa Regional Council to cooperate on the reconstruction of Ukraine. Under the agreement, MainBiz and Odesa Regional Council committed to cooperation in the economy, trade,
South Korea has contributed $20.79 million to the United Nations Development Programme (UNDP) for early recovery and area-based development projects in Ukraine, the UN agency said. The funding marks a pivot from emergency humanitarian aid to early recovery initiatives in the war-affected regions of Zaporizhzhia, Sumy, and
The European Investment Bank will use the DREAM platform, the state portal meant to organize the reconstruction of Ukraine, to allocate €100 million to support community recovery and development projects, DREAM said. Activities under the project include distributed generation facilities, municipal housing, water supply and sanitation, and healthcare.
The German building materials manufacturer Knauf has started construction of its second factory in Ukraine with an investment of €150 million, Dmytro Kysylevskyi, deputy chairman of Ukraine's parliamentary committee of economic development, said on Wednesday. The new plant, in Borshchiv in Ukraine's Ternopil region, will have
The Russian forces said they have captured the "important logistics hub" of Kurakhove in eastern Ukraine's Donetsk region. The capture of the key industrial town Kurakhove would deprive Ukraine of "the ability of shelling peaceful residents of Donetsk … with artillery systems," said the Russian
