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Japan to provide USD 188 million to Ukrainian businesses

Jun 17, 2024

The Ministry of Economy, together with the United Nations Industrial Development Organization (UNIDO), has announced the launch of a $188 million grant project to transfer Japanese technology to Ukraine, funded by Japan.

This was reported by the press service of the Ministry of Economy.

This project opens up opportunities for businesses to receive a grant of up to $10 million, and the total project budget is $188 million.


It is noted that the main goal of the project is to support the restoration of the green industry and ensure the long-term sustainable development of Ukraine.

It also aims to have a socio-economic impact and support people affected by the war.

The project plan includes technology transfer, capacity building, and joint ventures in key high-value-added industries.

Author - Olena Madiak, 17/06/2024

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