U.S. private firms eye Ukraine investment, but Ukraine must reform- U.S. envoy

📆 28/9/2566 0:37:00
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U.S. private companies would like to invest in Ukrainian energy, housing, infrastructure, agriculture, transport and mining, but Ukraine must make reforms in accountability and transparency to make such investment secure, a special U.S. envoy said. United States Special Representative for Ukraine’s Economic Recovery Penny Pritzker told reporters in Brussels that preparations for rebuilding Ukraine after the war with Russia had to start now, even as the fighting continues.

FILE PHOTO: U.S. Commerce Secretary Pritzker speaks during interview with Reuters in KyivBRUSSELS - U.S. private companies would like to invest in Ukrainian energy, housing, infrastructure, agriculture, transport and mining, but Ukraine must make reforms in accountability and transparency to make such investment secure, a special U.S. envoy said.

Pritzker would not give an estimate of how much money would be needed to rebuild Ukraine after the Russian invasion, but the World Bank has forecast the needs at well above $400 billion - more than governments alone could provide. "Everyone sees the opportunity and I actually have been encouraged by the private sector's interest in trying to sort this out," she said.

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