During EU-Ukraine Investment Conference on 13-14 November in Warsaw the European Commission has announced a call for private investment projects in Ukraine that have cost at least EUR 50 m, of which the project initiator provides at least 10% in the own contributions.
The financial support of the project implementation will come from the Ukraine Investment Facility (UIF), a part of EUR 50 bn Ukraine Facility designated over the period of 2024-2027.
Eligibility criteria are quite simple and include:
- Applicant or a leader of applicant consortium must be a company incorporated and operating in the EU or EEA, with a valid registration number as a VAT payer and in the EU Transparency Register
- The investment must be made within the territory of Ukraine
- Participants can be private enterprises, joint ventures or a consortium of companies.
The project must cover one of the identified priority sectors of the economy and be aligned with public sector investments in:
- agriculture land’s demining
- education
- energy infrastructure
- financial compensations for damaged housing
- healthcare
- housing for vulnerable groups
- social infrastructure
- support of micro, small and medium enterprises (MSME), small and medium processing enterprises
- transport infrastructure
The deadline to apply is 1 March 2025, 00:00 Brussels time.
Applications must be submitted through the official platform.
The call of proposals concerns EUR 2.75 bn of UIF funds, that will be made available to private sector before the end of 2025.
Background information
UIF totals EUR 9.3 bn, consisting of EUR 7.8 bn in guarantees and EUR 1.5 bn in grant funding; in 2024, EUR 1.4 bn is being made available through a number of loan programs with the following distribution (MinEconomy of Ukraine data): Manufacturing, energy, transport and IT (combined) – EUR 857.5 m; MSME support, including agriculture – EUR 507 m; big infrastructure projects – EUR 29.75 m.
By Oleh Zahnitko, Partner, Integrites
