Ukraine would need between 10 billion and 30 billion U.S. dollars in yearly investment within the next decade, Ukrainian Prime Minister Denys Shmyhal said Tuesday.
“We need foreign investment and technology transfer from our partners,” Shmyhal said while addressing the Ukraine Recovery Conference in Berlin via a video link.
He noted that housing reconstruction, humanitarian demining, restoration of critical infrastructure, economic recovery, and the energy industry are the top five priorities for Ukraine in the coming years, adding that the energy sector needs “special support” following recent Russian attacks.
Shmyhal suggested that Ukraine is willing to use frozen Russian assets as a financing source for recovery.
In 2023, Ukraine attracted 4.25 billion dollars in foreign investment, according to the country’s central bank.