Ukrainian officials are courting private investors seeking reconstruction investments as Kyiv steps up privatization plans to attract foreign direct investments.
Ukraine's First Deputy Economy Minister Oleksiy Sobolev said on the sidelines of World Economic Forum's annual meeting in Davos that "it's the right time right now to open the bigger companies."
He estimated that Ukraine's recovery efforts would require around $500 billion, in line with World Bank estimates from 2024.
Tetra Tech, the global consulting and engineering firm, has laid off dozens of workers in Ukraine and faces tens of millions of dollars in costs locally due to the USAID cuts, including a payment freeze on work completed, according to sources familiar with the matter. The company is one of
Some 60 privately owned Finnish companies have applied so far to the government's Finnpartnership program that helps them get ready to invest in Ukraine, said Antti Vänskä, Finland's special envoy to the reconstruction of Ukraine. And that number is set to grow. "The interest of
Ukraine's Ministry of Economy and the Ukrainian-Korean Business Council (UKBC) have signed a memorandum of cooperation to deepen institutional collaboration and boosting private sector engagement between the two countries.
