PPP Agency and IFC Strengthen Cooperation to Attract Private Investment for Ukraine’s Recovery
The PPP Agency and the International Finance Corporation, a member of the World Bank Group, have signed a Cooperation Agreement designed to strengthen the preparation and development of public-private partnership projects in Ukraine.
The cooperation is intended to support the development of well-prepared and well-structured bankable PPP projects capable of mobilizing private capital for the recovery, modernization, and development of Ukraine’s critical infrastructure.
Under the Agreement, the PPP Agency will cooperate with the IFC’s Transaction Advisory Department, which supports mapping potential PPP project pipelines from those allocated to the Ukraine Government PPF by the PPU, as well as the preparation and structuring of the selected PPP projects. The parties will jointly identify projects with the strongest potential for implementation through PPP mechanisms.
The PPP Agency will coordinate cooperation between IFC, line ministries, local authorities, and other public sector project initiators. Through the Ukraine Government PPF, the PPP Agency will also facilitate the engagement of consultants required for project preparation and development.
A separate area of cooperation will focus on strengthening the institutional and technical capacity of project initiators to support the preparation and implementation of PPP projects in line with international best practices.
“For Ukraine, public-private partnership is one of the key instruments for mobilizing private capital for recovery. Cooperation with IFC will enable us to strengthen the quality of project preparation — from the early stages of project selection to structuring solutions that are clear and understandable to the government, communities, international partners, and private investors. Such projects are capable of creating long-term value for the country,” said Niko Gachechiladze, Director of the PPP Agency.
The cooperation between the PPP Agency and IFC is expected to contribute to the development of a high-quality pipeline of PPP projects in Ukraine, prepared in accordance with international standards. This will enable more effective mobilization of private investment for the recovery of critical infrastructure and the creation of long-term public value.