Germany's Ministry for Economic Cooperation and Development has put forward a 15-point plan to mobilize the private sector for the reconstruction of Ukraine. The upcoming Berlin Ukraine Recovery Conference will emphasize four key dimensions of reconstruction, including worker training and support for EU accession.
The Economic Cooperation and Development Ministry of Germany has already provided financial aid to Ukraine post-Maidan revolution. Ongoing support is evident despite continued attacks by Russia on Ukrainian infrastructure, with the estimated reconstruction cost standing at $400 billion according to the IMF.
Private German companies keen on investing in Ukraine, particularly in areas less vulnerable to Russian attacks, can avail German state securities through the 'Investment Guarantees' program. These securities, akin to insurance, safeguard German investments in Ukraine, ensuring protection in scenarios like war-induced damages.
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