19 Feb 2024 18:56

U.S. Int'l Development Finance Corporation gives $25 mln in political risk insurance to Ukraine's Superhumans medical center

MOSCOW. Feb 19 (Interfax) - The Superhumans Center, a Ukrainian medical center for rehabilitation, reconstructive surgery and psychological care, has received $25 million in political risk insurance from the U.S. International Development Finance Corporation (DFC).

"DFC's political risk insurance will provide private donors with confidence in the safety of their contributions," Ukrainian media reported citing the center as saying in a statement.

"This decision by DFC provides support to both international and Ukrainian investors, demonstrating that implementing projects in Ukraine is not only possible but also supported. It is extremely important that Superhumans receives this insurance," Ukrainian First Deputy Prime Minister and Economy Minister Yulia Sviridenko is quoted as saying in the statement.

The Superhumans Center is a modern hospital providing prosthetics, rehabilitation, reconstructive surgery and psychological support. Superhumans is a non-profit company and all its services are free for patients.

The center gets funding from donors and partners. The first Superhumans Center was opened near Lvov in April 2023. The center intends to open hospitals in other Ukrainian regions in the near future.

The U.S. International Development Finance Corporation is a U.S. government's development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. The corporation invests across sectors including energy, healthcare, infrastructure, agriculture, and financial services.

DFC's total portfolio in Ukraine stands at over $1 billion.