The Government of Japan has allocated USD 170 million for the recovery of Ukraine. The funds will be used to implement emergency recovery projects, including the restoration of critical infrastructure.
“The absolute priority at this stage of reconstruction is to restore critical infrastructure required to meet the basic needs of citizens. This is a necessary step to return Ukrainians to their homes and support economic development in the regions.
The support of our partners is extremely valuable and necessary. I am grateful to our Japanese partners for their assistance in implementing the reconstruction projects.
We hope that after the victory we will be able to quickly move on to implementing long-term investment projects,” commented Oleksandr Kubrakov, Deputy Prime Minister for Restoration of Ukraine – Minister for Communities, Territories and Infrastructure Development.
The assistance will include provision by Japanese partners of goods and services necessary for the recovery.
The decision to provide support will be finalized by signing a grant agreement with the Japan International Cooperation Agency (JICA).
Earlier in January, the Government of Japan pledged USD 95 million for Ukraine’s recovery. These funds will be allocated to the United Nations Development Program (UNDP) under a partnership agreement.