“1$ trillion opportunity”: Ukraine calls on investors to support economic recovery in Davos

Ukrainian Venture Capital and Private Equity Association (UVCA) held the Round Table discussion «The Ukraine Redevelopment and Recovery plan» gathering the major international institutional and venture investors in Davos within World Economic Forum.

  • Ukraine was represented at the Round Table by Andriy Kolodyuk, Chairman of the Supervisory Board of the Ukrainian Venture and Private Capital Association (UVCA), and Oleksandr Bornyakov, Deputy Minister of Digital Transformation of Ukraine. Also there were such speakers as Brian Kaufmann, Head of Private Investment at Viking Global Investors, Jürgen Rigterink, First Vice President of European Bank for Reconstruction and Development (EBRD), Krzysztof Pralat, European Principal Group Representative in Oaktree Capital Management, Brett McDowell, Head of Hedera Hashgraph and more than 10 investors as well.
  • Guests from the United States (Silicon Valley community) and other countries confirmed that the Ukrainian IT sector is very strong and continues to operate and receive investment despite the war in the country.
  • The participants of the Round Table agreed that it is necessary to additionally support the economy of Ukraine and providing macroeconomic assistance.  In particular, it is a co-investment of projects initiated by the private sector in Ukraine.
  • UVCA presented the tools by which these investments can be realized, in particular through the Ukrainian Re-development platform. According to the initiators, UVCA, along with other national investment associations, plans to attract foreign partners to invest in projects related to energy, water purification, food industry, building new cities, medicine and more.
  • UVCA invites all institutional partners to join in the further development and implementation of “The Ukraine Redevelopment and Recovery plan”.
  • The Ukraine Redevelopment and Recovery Task Force initiated by UVCA is open to all stakeholders from all industry sectors and countries of the world who have supported and continue to support Ukraine and want to actively participate in projects that can save lives, stop the chaos, and promote conditions for further development today.

“We don’t have much time. Cities affected by the war must be provided with drinking water, electricity and fuel and be able to prepare critical infrastructure for the winter. We prefer practical projects for joint investments now  preliminary estimated at a $1 trillion investment opportunity. For example, participation in projects through the provision of equipment to provide critical infrastructure in cooperation with Ukrainian SMEs. In addition, UVCA is going to launch an investment platform. said Andriy Kolodyuk, Chairman of the Supervisory Board of the Ukrainian Venture and Private Capital Association (UVCA).

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