Ukraine presented a $17.4 billion recovery plan

Ukraine presented a $17.4 billion recovery plan
# 05 July 2022 16:19 (UTC +04:00)

"The Office of the President has developed a project to restore critically important damaged infrastructure with a total budget of almost $17.4 billion," said Deputy Head of the Office of the President of Ukraine, Kyrylo Tymoshenko, APA reports citing Ukrinform.

Tymoshenko informed that on the instructions of the President of Ukraine Volodymyr Zelenskyi and the head of the Office of the President Andriy Yermak, the Office of the President developed the Fast Recovery plan for the rapid reconstruction of the social infrastructure of Ukraine, which the government presented at the conference in Lugano.

“A lot of work awaits us, but we are confident that we will be able to implement all the best global practices and technological solutions in order to quickly and modernly rebuild our cities and towns. And the most important thing is to return housing, hospitals, kindergartens and schools to people so that every Ukrainian can return home as soon as possible and have the opportunity to receive social services. Fast Recovery is a project to restore critically important damaged infrastructure. This is something that needs to be done immediately – right now. The total budget of Fast recovery is almost $17.4 billion,” Tymoshenko said.

According to him, it is already necessary to restore almost 40,000 objects in the de-occupied territories. Among them are almost 400 schools, about 300 kindergartens, 300 hospitals, as well as utilities (water supply, gas supply, heat supply, and electricity supply). All other objects are residential infrastructure – mostly high-rises and private houses so that people can get their housing back.

“At the same time, we are working on a long-term project of restoration and transformation of our state. We are grateful to the partners who are involved in this process, but the main thing is that our country is comfortable for us and our children,” Tymoshenko stressed.

He noted that the current rough estimate of the losses of our country from the Russian strikes already exceeds $700 billion.

“Obviously, the number will increase as the war continues. Of course, the reconstruction of this level requires new standards and institutional guarantees of transparency. We want the best world experience to be implemented in Ukraine. The main principles on which we rely are safety, technology, compliance with environmental standards, introduction of “green” technologies, barrier-freeness, transparency, as well as maximum involvement of projects in the economy of Ukraine. All this involves the creation of new working cities, production facilities and the localization of business projects of partners in Ukraine”, – emphasized the deputy head of the OP.

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