Hundreds of applications and the first investment: what has changed a year after the signing of the "mineral agreement" between Ukraine and the USA
Kyiv • UNN
The URIF fund, with a capital of $150 million, received 282 applications from companies in 15 countries. The first investment has already been directed toward the development of UAV technologies.
A year ago, Ukraine and the United States signed an agreement to establish the Ukraine Reconstruction Investment Fund (URIF), which has already received 282 applications from more than 15 countries. This was reported by Deputy Prime Minister Yuliia Svyrydenko, according to UNN.
This agreement, known as the "minerals deal," laid the foundation for the Fund and initiated a new format of long-term economic partnership between Ukraine and the US, which is already attracting global investment. In just one year of the Fund's existence, it has received 282 applications from more than 15 countries. More than half of them are from Ukrainian companies. The largest number of applications is in the energy sector — more than a quarter of all submissions — as well as in the fields of transport and logistics, critical minerals, and advanced strategic technologies
In March, the Fund approved its first investment — in the Ukrainian dual-use technology company Sine Engineering to develop and improve communication and navigation components for UAVs. Several more projects in the energy sector are currently at the due diligence stage.
Our common goal is to conclude three investment deals by the end of 2026. I am grateful to our partners — the US Department of the Treasury, DFC, the Ukrainian Government team, and everyone who supports the development of the economic partnership between our countries. Together, we continue the selection of projects and are working on the next investment decisions
The total initial capital of URIF is $150 million.