Launches Preparation for the First Pilot Public Investment Project under the Ukraine Government PPF 

Published on: 15.05.2026
Category: PPF

On May 13, 2026, a kick-off meeting was held to launch preparations for the first pilot public investment project under the Ukraine Government PPF, supported by grant funding from the Ukraine Relief, Recovery, Reconstruction, and Reform Trust Fund (URTF) under the PREPARE Ukraine Project.

The meeting marked the official launch of the preparation for the reconstruction the building of the State Non-Commercial Enterprise ‘Heart Institute of the Ministry of Health of Ukraine’ located at: Kyiv, 5-A Bratyslavska St., and renovation of departments providing medical assistance using organ and tissue transplantation.

This project was allocated by the Interagency Working Group on the Preparation of Public Investment Projects (Project Preparation Unit, PPU) for preparation under the Ukraine Government PPF and the PREPARE Ukraine Project, as one of the pilot public investment projects in the healthcare sector that were identified as priorities within the public investment management (PIM) process and approved by the Strategic Investment Council (SIC) in 2025.

On August 29, 2025, a Memorandum of Understanding was signed between the PPP Agency, the Ministry of Health of Ukraine, and the State Non-Commercial Enterprise ‘Heart Institute of the Ministry of Health of Ukraine’ to establish a framework for cooperation and organize the provision of technical assistance in preparing two pilot projects in the healthcare sector.
On November 10, 2025, a Cooperation Agreement was signed between the PPP Agency and the State Non-Commercial Enterprise ‘Heart Institute of the Ministry of Health of Ukraine’

Consequently, the PPP Agency, as the Project Implementing Entity – under the general supervision of the Ministry of Economy – organized and conducted the procurement of consulting services for the preparation of the investment feasibility study for this project and the development of design documentation (including the expertise of project documentation for construction, if necessary) in accordance with the World Bank’s Procurement Regulations for IPF Borrowers (September 2023).

As of early May 2026, a contract has been signed with the Joint Venture of Ginger SOFRECO, Ginger INTERNATIONAL, and DELTA Projektconsult Ukraine LLC (France/Ukraine) (hereinafter referred to as the Consultant).

During the first kick-off meeting, key stakeholders from the Ministry of Economy, Environment and Agriculture of Ukraine, the Ministry of Health, the PPP Agency / Project Implementation Unit (PIU), and the Heart Institute discussed the project with the international Consultant team and aligned on the project assignment approach, work plans, core commitments, and immediate next steps.

As it was noted by Anna Artemenko, the Deputy Minister of Economy, Environment and Agriculture of Ukraine, “PREPARE Ukraine is building a robust pipeline of implementation-ready projects to accelerate Ukraine’s recovery and reconstruction. Through the Ukraine Government PPF, we are elevating project preparation standards – ensuring alignment with national priorities, the Public Investment Management (PIM) framework, and international requirements. By integrating global best practices, we enhance the bankability of these projects to attract international and private financing. The success of this pilot will bolster investor confidence and serve as a blueprint for unlocking new investment opportunities across Ukraine.”

The Deputy Minister of Health Ihor Kuzin emphasized that “the modernization of the Heart Institute is a critical priority for improving outcomes for patients requiring complex surgery and transplants. The experience gained from modernizing this transplant center is expected to be scaled to other regional centers across the country”.

Strategic importance of this pilot was highlighted by Niko Gachechyladze, Director of the PPP Agency. The results of this assignment will form the foundation for project approval, financing decisions, and the transition to implementation, including tendering for reconstruction works. High-quality project preparation in line with international standards – covering technical, legal, regulatory, environmental, social, and climate aspects, economic and financial assessments, and risk analysis – is crucial for investment attraction and its successful implementation. It will not only facilitate investment but also set the standard for all future public infrastructure projects in healthcare sector.

The Consultant team presented a comprehensive 11-month work plan, structured by stages for the preparation of all necessary documentation and procedures, including development of investment feasibility study and design documentation for the reconstruction project.

Participants reached a consensus on immediate operational steps and agreed on the schedule for upcoming activities and further interaction.