A high level delegation met to explore a Project Preparation Facility and PPP models that could unlock major reconstruction investments.
The team from the Ministry of Communities and Territories Development of Ukraine discussed with a delegation of leading Greek industrial groups the prospects for strategic partnership in the field of reconstruction and the preparation of an intergovernmental cooperation agreement.
The press service of the Ministry of Communities and Territories Development reported this.
A meeting at the Ministry of Communities and Territories Development of Ukraine took place with a delegation from Greece and representatives of leading Greek industrial groups. The focus of the discussion was the move toward strategic partnership, in particular through public-private partnership (PPP) mechanisms and support for the development of project documentation (Project Preparation Facility, PPF)
– The press service of the Ministry of Communities and Territories Development
Key Areas of Cooperation
The Ukrainian side presented the concept of regional energy resilience plans and urged partners to support their implementation to improve energy supply stability.
Also discussed were possibilities for preparing an intergovernmental agreement on technical and financial cooperation, which would open the door to Greek expertise for the implementation of large-scale infrastructure projects.
As Deputy Minister Maryna Denysiuk emphasized, Ukraine values Greece’s experience in working with EU funds and international financial institutions and invites Greek partners to participate in launching a joint Project Preparation Facility, which will enable scaling up the development of standard projects, particularly in the areas of transport infrastructure, water supply and wastewater, energy efficiency, and other areas.
Representatives of Greek private companies operating in energy, logistics, industrial machinery manufacturing, and the production of materials for critical infrastructure also attended the meeting.
The availability of war-risk insurance instruments from international financial institutions opens the door to direct involvement of Greek companies in reconstruction and modernization projects for infrastructure.
The parties agreed to establish a permanent technical group to coordinate the preparation of priority tenders and interaction between the Greek side and the communities.
It was also reported that representatives of the Lithuanian Klaipėda port expressed interest in investment projects in Ukraine’s port infrastructure.
It is anticipated that further meetings will help align the details of cooperation and accelerate the implementation of joint initiatives aimed at rebuilding and upgrading the country’s key infrastructure assets.