First investments for recovery: American-Ukrainian Fund adopts new rules and prepares to implement projects

Deputy Minister of Economy, Environment, and Agriculture of Ukraine, Yegor Perelygin, announced the completion of a key stage: the structure and regulations of the American-Ukrainian Investment Fund for Reconstruction have been fully formed. The Fund, with an initial capital of $150 million, aims to begin financing the first three major projects in 2026. Funding applications will soon be available through a specially created website.

Yegor Perelygin emphasized that the path to implementing this critical financial mechanism was challenging but extremely important for the state’s future. During the second meeting of the Fund’s Board of Directors, the primary documents that will determine the areas of investment were approved.

The official enthusiastically commented on this event: “We will definitely share this story in books in the future. We must achieve the result: the American-Ukrainian Investment Fund is moving to a new stage and is moving towards the first investments and strategic projects.”

The meeting became decisive due to the adoption of investment protocols – a kind of “code of honor” containing clear instructions on the selection of business initiatives and making decisions on financing. This will ensure the efficient and transparent use of funds.

Today, the Fund is already off to a strong start:
– Start-up capital: $150 million, $75 million each from Ukraine and the United States.
– Partners: cooperation is taking place with the American corporation DFC and the US Department of the Treasury.
– Standards: the organizational structure complies with leading international practices, including the Governing Board, committees, and an investment advisor.

“Over the past six months, we have created the Fund’s management and operational base according to the best international standards,” Perelygin noted.

Looking ahead, the Fund has an ambitious plan for 2026: to search for and finance three priority projects.

There is good news for potential applicants: “In January 2026, we will launch a public website for submitting project proposals, and we are waiting for your applications!” Yegor Perelygin thanked his colleagues from the Ministry of Economy and the State Private Partnership Agency for their uncompromising work in a fast-paced environment, emphasizing that there is still much interesting work ahead — the formation of a “pipeline” of projects and their further structuring.