Interactive Session on the Ukraine's Recovery & Reconstruction: Instruments for Private Sector Involvement

April 12th, 2024, 10:00 AM. Organized by The Ministry of Economy and Innovation of the Republic of Lithuania and Innovation Agency Lithuania.

The Three Seas Summit and Business Forum will be hosted by Lithuania for the first time and is scheduled to take place in Vilnius on the 11th of April 2024. The Three Seas Business forum will bring together member states, strategic partners and like-minded countries to Vilnius with the goal to encourage collaboration between public and private sector and to promote private initiatives, facilitate investment and innovation opportunities, as well as to strengthen ties within the 3SI region and beyond. The exceptional Side-Event on 12th of April “Interactive session on the Ukraine's recovery & reconstruction: instruments for private sector involvement” is expected to reach over 100 participants from 3Seas region, strategic partners and like-minded countries, providing a dynamic platform for exchange and collaboration. It will serve as a dynamic platform for exchange and collaboration, bringing together policymakers, experts, and businesses to explore the critical question: What could a successful reconstruction look like in Ukraine? The Regional Economic Prospects report (2023) by the European Bank for Reconstruction and Development (EBRD) settled out a scenario, drawing on the lessons of history, which show that a five-year recovery would require significant extra investment from inflows of capital from abroad, including private capital. Private and public investment tend to be highly complementary. Beyond financing, the private sector contributes much-needed technological expertise, management know-how and a focus on cost-efficiency. In addition to the energy-efficient industrial capital stock and agricultural machinery, the private sector can make an important contribution to rebuilding housing stock as well as transport, energy and municipal infrastructure, provided that individuals and firms have adequate access to finance.  We will also discuss the Ukrainian DREAM platform for coordinating and tracking Ukraine’s reconstruction, along with success stories from public and private sector cooperation projects in Ukraine.

Event Agenda

Location: Vilnius Radisson Blu Hotel Lietuva (Konstitucijos ave.), Lambda Hall
Register here.

Roberta Ragaišytė
+370 685 22726