The Japan Bank for International Cooperation (JBIC) will support large investment projects in Ukraine, particularly in the green energy, industrial, and logistics sectors. Last week, Economy Minister Oleksiy Sobolev met with the bank’s management, during which the main areas for expanded cooperation were discussed:
Energy. The JBIC is considering the establishment of a special credit line with extended risk insurance to finance energy projects in Ukraine. This includes the supply of Japanese equipment and the transfer of technologies for localized production in Ukraine.
Investment Attraction. The parties discussed providing targeted technical assistance for reforms related to privatization and public-private partnerships, which will enable more active involvement of Japanese private capital in major projects.
Agricultural Sector. Ukraine and the JBIC plan to jointly finance projects that will be designed to develop modern logistics, processing centers, and cold storage facilities for agricultural enterprises. The selection of potential projects will be coordinated with the UkraineInvest agency. Representatives from Ukraine and Japan also discussed developing financial mechanisms for humanitarian demining of agricultural lands, investing in critical minerals with the DFC, and expanding war risk insurance programs. Ukraine also proposed extending the Ukrainian-Japanese emergency recovery program to three additional regions: Sumy, Chernihiv, and Zaporizhzhia. Currently, the Ministry of Development and Cooperation is coordinating four phases of the JICA-supported emergency recovery program, with a total support amount of $700M.
AloJapan.com