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Ukraine courts private investors for reconstruction as Trump pushes for peace

Destruction in Odesa following a Russian missile attack on November 25, 2024. (Photo by Yuri Bershadsky — via Ukraine Media Center)

Ukrainian officials are courting private investors seeking reconstruction investments as Kyiv steps up privatization plans to attract foreign direct investments.

Ukraine's First Deputy Economy Minister Oleksiy Sobolev said on the sidelines of World Economic Forum's annual meeting in Davos that "it's the right time right now to open the bigger companies."

He estimated that Ukraine's recovery efforts would require around $500 billion, in line with World Bank estimates from 2024.

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