INVESTMENT PROSPECTS IN THE RECONSTRUCTION OF UKRAINE
Abstract
This article discusses the issue of investment in the process of Ukraine's recovery during both the wartime and post-war periods. The author analyzes the current situation in the country and emphasizes the importance of attracting financial resources for successful reconstruction. The article examines the funds already raised and the cooperation with international partners, as well as the domestic resources of the state that have already been allocated or will be allocated to overcome the negative consequences of military actions and the undermining of the Kakhovka Hydroelectric Power Station. It is expected that voluntary contributions from large corporations and donations from wealthy civilians can become a significant source of funding and substantially reduce the financial burden on existing taxpayers, whose numbers have decreased significantly due to the COVID-19 pandemic and the full-scale invasion of Ukraine by Russia. The author underscores the importance and necessity of careful planning, organization, management, and control for the effective utilization of these mobilized resources. It is also noted that the success of Ukraine's reconstruction largely depends on political stability, the implementation of effective economic reforms, the mobilization of international support, and the active development of critical and civil infrastructure by the state. Taking into account the aforementioned factors, the article's author believes that external and internal investment in Ukraine's reconstruction holds prospects and contributes to the country's stable development.
References
Harbarynina V.Yu. (2014) Sutnistʹ i pryntsypy vprovadzhennya derzhavnopryvatnoho partnerstva v Ukrayini [The essence and principles of public-private partnership implementation in Ukraine]. Aktualʹni problemy derzhavnoho upravlinnya, No. 2. рр. 56—64
Zawawi M.I.Z., Kulatunga U. & Thayaparan M. (2016) Malayziysʹkyy dosvid derzhavno-pryvatnoho partnerstva (DPP) [Malaysian experience with public-private partnership (PPP)]. Built Environment Project and Asset Management. No. 6(5), рр. 508–520
Fedorchak O.V., Ishchenko H.O. (2020) Marketynhovi instrumenty zaluchennia investytsii u terytorialni hromady [Marketing tools for attracting investments in territorial communities]. Demokratychne vriaduvannia. Vyp. 1(25). Available at: https://science.lpnu.ua/sites/default/files/journal-paper/2022/jan/26414/213669- articletext-483343-1-10-20201015.pdf.
Vasyl Filipchuk, Yehor Kiyan (2023) Rebuilding Ukraine: Initiatives, Approaches, Recommendations. The study was prepared by experts of the International Center for Policy Studies. Available at: https://icps.com.ua/assets/uploads/images/files/rebuilding_ukraine.pdf [in English].
Report on direct damage to infrastructure from destruction as a result of Russia's military aggression against Ukraine as of September 1, 2022. Available at: https://kse.ua/wp-content/uploads/2022/10/Sep22_FINAL_Sep1_Damages-Report.pdf
Bohdan T. (2022) Vidbudova ekonomiky: napryamky, vazheli, instytuty [Reconstruction of the economy: directions, levers, institutions]. Available at: https://www.epravda.com.ua/columns/2022/04/25/686208/
Regulations on the National Council for the Recovery of Ukraine from the Consequences of the War. Approved by the Decree of the President of Ukraine dated April 21, 2022 No. 266/2022. Available at: https://zakon.rada.gov.ua/laws/show/266/2022#Text
DFC and USAID will help Ukraine attract investments for reconstruction. 2023) Available at: https://www.ukrinform.ua/rubric-vidbudova/3695947-dfc-ta-usaid-dopomagatimut-ukraini-zalucati-investicii-na-vidbudovu.html
Helping the world in rebuilding Ukraine: strategic decisions and specific projects. (2023) Available at: https://www.ukrinform.ua/rubric-vidbudova/3701599-dopomoga-svitu-u-vidbudovi-ukraini-strategicni-risenna-ta-konkretni-proekti.html
The government is directing 6.6 billion to restore infrastructure in eight regions. (2023) Available at: https://www.ukrinform.ua/rubric-vidbudova/3723719-urad-spramovue-66-milarda-na-vidnovlenna-infrastrukturi-u-vosmi-oblastah.html