Ukraine invites Lithuania to join 600 promising investment projects after victory

Ukraine invites Lithuanian businesses to participate in measures to restore and rebuild the Ukrainian economy after the victory in the war. A total of 614 promising projects have been prepared for investment.

"After the victory of Ukraine, economic relations with Lithuania should reach a new level. It is about close economic cooperation and the participation of Lithuanian partners in large-scale reconstruction projects of Ukraine," the press service of the Ministry of Economy of Ukraine posted on Telegram, Ukrinform reports.

It is noted that the issues of economic cooperation between the countries were discussed during the Rebuild Ukraine international conference.

In particular, Ukrainian government officials presented the Investment Menu to Lithuanian colleagues featuring the main measures to restore and rebuild the Ukrainian economy. Lithuanian businesses are invited to participate in investing in 614 promising projects from eight priority industries and sectors: military–industrial complex, agro-industrial complex, metallurgy, machine building, energy, mining industry, furniture and woodworking industries, logistics.

The Ministry of Economy notes that investment needs and opportunities for each of these projects were calculated, so key associations and companies of Lithuania can now choose promising projects for investment.

The Ministry emphasizes that increasing trade with Lithuania will be a priority in the development of the post-war economy.

As reported, Lithuania will transfer an additional 10 million euros to an account at the National Bank of Ukraine for urgent restoration works. According to Prime Minister of Lithuania Ingrida Šimonite, the volume of bilateral aid from Lithuania to Ukraine and support for refugees in Lithuania already exceeds half a billion euros. Speaking at the Ukraine Recovery Conference in Lugano, the PM of Lithuania emphasized that "Lithuania will support Ukraine until your and our victory and after it."

ol