WB to attract private capital to restore Ukraine’s economy

Ukraine’s Cabinet of Ministers has approved a Memorandum of Understanding with the International Finance Corporation (IFC), which is part of the World Bank, according to the press service of Ukraine’s Ministry of Economy, Report informs referring to Ukrainian media.

IFC will support the Ukrainian government in creating conditions under which private investors will be able to significantly increase investment in Ukraine’s infrastructure, in particular, on the terms of public-private partnership.

Priority projects for IFC include transport, urban and social infrastructure, as well as energy.