Current news on Rebuild Ukraine topic

Launch of the U.S.-Ukraine Reconstruction Investment Fund agreed in New York – U.S. investor shows interest in Ukraine’s largest lithium deposit.

This week, Ukraine and the United States will hold the first meeting of the council of the newly established U.S.-Ukraine Reconstruction Investment Fund. In September, a DFC (U.S. International Development Finance Corporation) delegation will also visit Kyiv. According to Prime Minister Yuliia Svyrydenko, these steps mark significant progress in launching the fund’s operations and expanding bilateral economic cooperation.

The meeting in New York was attended by representatives of major companies, including Bank of America, Logistics Plus, GE Vernova, Parsons, Mastercard, and J.P. Morgan. Investors highlighted positive changes in Ukraine’s regulatory environment but called on the government to communicate new investment opportunities more actively to the international business community. As an example of Ukrainian private sector success, participants noted the recent Nasdaq listing of Kyivstar.

Minister of Economy Oleksii Sobolev also announced that prominent U.S. investor Ronald Lauder has expressed interest in Ukraine’s largest lithium deposit. He confirmed that TechMet, a company in which Lauder is an investor, may participate in the recently announced tender for the development of the “Dobra” lithium deposit in the Kirovohrad region. Notably, the largest shareholder in TechMet is DFC itself, which is also the key partner in the U.S.-Ukraine Fund. As Sobolev stated: “It is very logical when a company backed by DFC is interested in mineral resource development in Ukraine, in line with the agreement.”

Ukrainian Government approves state investment portfolio for 2026

The Ministry of Economy has announced that the Strategic Investment Council has approved the Unified State Public Investment Project Portfolio (USPIP) for 2026. The portfolio was developed on the basis of the Medium-Term Plan of Priority Public Investments for 2026–2028 and includes 89 projects and 60 programs. It consists of 75 ongoing projects and programs funded in 2025 and 74 new ones across various sectors.

The largest initiatives include:

1. Energoatom project – ₴534.64 billion: construction of power units No. 5 and No. 6 with U.S. reactors at the Khmelnytskyi Nuclear Power Plant.
2. Waste management project – ₴520 billion: improving systems for handling demolition, construction, and destruction-related waste.
3. Wastewater program – ₴500 billion: modernization of sewage and wastewater treatment facilities.
4. Public transport program – ₴486.13 billion: development of electric public transport and related infrastructure.
5. Water supply program – ₴350 billion: improving access to quality drinking water.
6. District heating modernization program – ₴292.4 billion: energy efficiency upgrades for municipal heat supply companies.

Minister of Economy Oleksii Sobolev emphasized that the portfolio reflects key state priorities and, for the first time, consolidates both programs and projects under a unified framework. Soon, all projects will be available on the DREAM digital platform, ensuring greater transparency in the use of public funds, strengthening trust among citizens and international partners, and opening new opportunities for investment, including through public-private partnerships (PPPs).

Private sector investments in Ukraine’s reconstruction estimated at $170 billion

Many European companies are already exploring opportunities in Ukraine that may open up during post-war reconstruction, Financial Times reports. According to estimates by the Ukrainian government and multilateral institutions, the overall cost of reconstruction and recovery over the next decade is projected at $524 billion. Funding is expected to come from the government and international donors, including the EU and institutions such as the World Bank. The private sector, which has already begun contributing to repair and recovery projects, may invest up to $170 billion — roughly one-third of the total.

Rebuilding infrastructure — primarily energy, transport, and housing — will require vast amounts of materials, machinery, as well as designers and engineers. Ukraine is also expected to see significant growth in the renewable energy sector. The largest contracts are likely to go to companies operating in Ukraine or neighboring Eastern European countries.

Former Prime Minister Denys Shmyhal earlier estimated the cost of Ukraine’s reconstruction and modernization at $1 trillion over 14 years. The government’s concept includes two funds: one of $540 billion financed by confiscated Russian assets, and another of $460 billion designed as a platform for European private sector investment into Ukrainian manufacturing.

50-year agreement and $179 million investment: Ukraine announces terms for “Dobra” lithium deposit tender.

Ukraine has opened a tender for a production-sharing agreement (PSA) for the “Dobra” lithium deposit, available to Ukrainian and foreign companies, legal entity consortia, and private investors with the required financial and technical capacity, as well as experience in mining and mineral processing.

Companies from aggressor states, jurisdictions under sanctions, or those violating current subsoil use obligations are not eligible to participate. The winner will sign a 50-year agreement with the state and commit at least $179 million in investments, covering geological exploration, the start of extraction, and processing operations.

The agreement also requires compliance with environmental standards, priority use of Ukrainian goods and workforce, and investments in local community development. Launching this tender marks an important step in establishing a modern mineral resource sector in Ukraine and integrating it into global supply chains for critical minerals.

According to the Ministry of Economy, conducting the “Dobra” lithium tender under the PSA mechanism is the first pilot project for solid mineral resources and demonstrates Ukraine’s readiness to open its strategic raw materials market to investors.