3 Apr 2023 12:51

Netherlands to support Ukraine in rebuilding critical infrastructure

MOSCOW. April 3 (Interfax) - Ukrainian First Deputy Prime Minister and Economy Minister Yulia Sviridenko has said that the Netherlands would provide Kiev with support in rebuilding critical infrastructure and comprehensive assistance in security and humanitarian area.

"Ukraine's recovery is currently the most ambitious project of the twenty-first century, requiring enormous resources, and at the same time opening up new opportunities for business cooperation. According to the World Bank, Ukraine's reconstruction needs amount to $411 billion. The Netherlands is a reliable international partner of Ukraine," the Ukrainian media quoted Sviridenko as saying in a statement issued by the Economy Ministry's press service.

On April 2, Sviridenko discussed with Dutch Deputy Prime Minister and Finance Minister Sigrid Kaag involvement in Ukraine's recovery, ways to step up bilateral cooperation and the economic situation in the country.

Sviridenko thanked the Dutch side for the donated energy equipment, which is extremely important for the reconstruction of energy infrastructure.

The parties discussed the prospects opening up for businesses of both countries in terms of their participation in projects for Ukraine's rehabilitation. In 2023, Ukraine needs $14 billion to cover its most important needs. In particular, it is the rebuilding of housing, social infrastructure, schools, hospitals, and so on.