Third Call for Investment Projects Kicks Off
On April 30, Ukraine and Switzerland signed a memorandum launching the third round of investment projects aimed at reconstruction, backed by a 50 million Swiss franc budget. This new initiative places a strong emphasis on supporting the private sector, marking a critical step in revitalizing Ukraine’s economy. Earlier rounds demonstrated robust business interest, underscoring the significance of this effort.
The total grant funding for this third competition, formalized between Ukraine’s Ministry of Economy and the Swiss State Secretariat for Economic Affairs (SECO), stands at 50 million Swiss francs. The first round financed 12 projects worth 93 million Swiss francs. The second round saw even greater momentum: 37 proposals were submitted, requesting a combined 443 million francs.
Focus Areas and Future Collaboration
Oleksiy Sobolev, the grant program coordinator in Ukraine for UkraineInvest, noted: 'While the previous phase was primarily about rebuilding public and municipal infrastructure, we are now systematically prioritizing private sector support and market-driven solutions.'
Projects under this new competition will target the following industries:
- construction and infrastructure
- mechanical engineering and industrial manufacturing
- renewable energy
- agribusiness
- IT and digitalization
These sectors hold significant growth and investment potential, which in turn will drive economic expansion.
Additionally, Switzerland is backing Ukraine through a long-term plan allocating 5 billion francs over 12 years, along with a support program worth 1.5 billion francs for 2025–2028. In February 2026, Switzerland approved an energy aid package of 32 million Swiss francs, further highlighting its commitment to developing Ukraine’s energy sector.
This new investment competition represents a key milestone in Ukraine-Switzerland cooperation, unlocking fresh opportunities for private sector growth and strengthening the country’s economic foundation. Talks also touched on Switzerland potentially joining the Industrial Alliance, which could broaden collaboration even further. This underscores the strategic partnership between the two nations and their shared goal of fostering stability and development in Ukraine amid shifting economic realities.
As Ukraine seeks to bolster its recovery efforts, discussions with international partners are becoming increasingly vital. Recently, investment plans and risk insurance were key topics in talks with the U.S., highlighting the collaborative approach needed to support Ukraine’s reconstruction and economic growth.