Help for a billion: Denmark opened a special investment fund for Ukraine

The Ministries of Economy of Denmark and Ukraine announced the joint launch of the social program of the Danish Investment Fund for Ukraine for a total amount of 1 billion Danish kroner, which is about $133 million. These funds will be used to restore the infrastructure of the regions of our country most affected by Russian attacks.

This was reported on the website of the Ukrainian department. A special investment fund created for Ukraine will finance projects involving the best Danish technologies and innovative solutions.

“Denmark is one of the leaders in financial assistance to Ukraine. Since the beginning of the full-scale invasion, general military support has amounted to $1.4 billion, and general humanitarian assistance, including macro-financial assistance, to $212 million. The Government of Ukraine highly appreciates Denmark’s support, looks forward to deepening bilateral cooperation and further involvement of Danish businesses in projects for the restoration of our country,” Minister of Economy Yulia Sviridenko said at the forum on Ukrainian investments, which took place on May 27 in Copenhagen.

As part of the forum, the approval of funding for two pilot projects in the field of agriculture and agro-processing was announced. We are talking about the affected companies in the southern region – Nibulon, which will be given a loan of 25 million euros, and Agrofusion – 15 million euros.

“There is no need to wait until the war stops. We would like to involve Danish businesses in the early stages of the restoration of Ukraine. We must act and support the Ukrainian economy,” said Danish Business Minister Morten Bedskov.

Earlier, GLOBAL HAPPENINGS reported that President Zelensky met with representatives of the US state of Utah. The head of state urged them to invest in the resumption of post-war Ukraine now.

“I would like to thank on behalf of the Ukrainian people, because we all feel that from the beginning of a full-scale war, from the very beginning of Russian aggression, our society feels and relies on your support – the support of the United States,” the Ukrainian leader said.

Large metallurgy, energy, transport companies and business organizations in Italy are ready to help Ukraine rebuild its destroyed infrastructure, housing and industry after the war with Russia.

“We are well aware that the European market will invest a lot of money in energy. And Ukraine will have great opportunities in this area. European countries, in particular Italy, can support us in this,” said the head of the generation and trading business unit of A2A Group Lorenzo Giussani.

Source: Obozrevatel

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