President of Ukraine Volodymyr Zelenskyy has signed a law amending Ukrainian legislation to improve mechanisms for attracting private investment through public-private partnerships, the Verkhovna Rada reported. The legislation is expected to streamline bureaucratic processes and create more favorable conditions for private sector involvement in key infrastructure projects, including transportation, energy, and water supply systems.
The amendment comes as part of Ukraine’s broader strategy to strengthen its economy amid ongoing challenges posed by the war in Eastern Ukraine and its impact on the country’s economy. By attracting more private investment, the government aims to accelerate modernization efforts, reduce public debt burdens, and create additional job opportunities across various sectors. The law is also designed to align Ukraine’s regulatory environment with international standards, making it more attractive to foreign investors.
Zelenskyy’s administration has emphasized the importance of fostering economic resilience through public-private partnerships, which are seen as critical for long-term growth and stability. The new law is expected to facilitate greater collaboration between the government and private entities, enabling more efficient project execution and resource allocation. This initiative reflects the administration’s commitment to economic reform and sustainable development, despite the ongoing security challenges facing the nation.
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