Reconstruction of Ukraine newsletter - February 2024

As we step into the third year since Russia's full-scale invasion of Ukraine, the resilient spirit of the Ukrainian nation persists as it addresses immediate needs and strategic plans for reconstruction. While awaiting resolution on the US aid package, Ukraine has been actively forging security agreements with its international partners, solidifying collaborative efforts and bolstering military support.

In this February edition of our newsletter, after two years of ongoing war, we delve into the insights from the third edition of the Rapid Damage and Needs Assessment conducted by the Government of Ukraine, the World Bank Group, the European Commission, and the United Nations. The assessment reveals an estimated cost of $486 billion for reconstruction needs over the next decade.

February has emerged as an important month marked by key decisions related to Ukraine's recovery. This edition highlights significant developments, including the European Union's approval of the €50 billion Ukraine Facility, a crucial financial instrument designed to support the country's reconstruction over the next four years. Additionally, we explore the outcomes of the Japan-Ukraine Conference, where over 56 cooperative documents were signed.

Our coverage extends to the dynamic developments in Ukraine's electricity trade and the private sector's active role in Ukraine with such initiatives as another acquisition by NJJ Capital, German Rheinmetall's manufacturing plans, and the commissioning of the M10 Lviv Industrial Park by Dragon Capital.

You can discover the newsletter below.



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