Denmark created an investment fund for Ukraine worth $133 million
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Denmark has launched a special investment fund for Ukraine for a total of 1 billion Danish kroner, which is about $133 million. This is reported by the press service of the Ministry of Economy.
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What is known
As noted, the launch of the social program was announced during the Ukrainian Investment Forum in Copenhagen.
“Denmark is one of the leaders in financial aid to Ukraine. Since the beginning of the full-scale invasion, the total military support amounted to $1.4 billion, and the total humanitarian aid, including macro-financial aid, to $212 million,” said Economy Minister Yulia Svyridenko.
Read: Denmark creates a $1 billion fund to help Ukraine
According to her, the special investment fund created for Ukraine will finance projects involving the best Danish technologies and innovative solutions and will be available to both the public and private sectors.
Assistance to farmers
Thus, within the framework of the forum, it was announced that the financing of two pilot projects in the field of agriculture and agroprocessing had been approved. We are talking about the affected companies of the southern region — Nibulone, which will be given a loan of 25 million euros, and Agrofusion — 15 million euros.
Also, loans will be provided to agricultural companies located on the front line in Mykolaiv, which will restore destroyed production facilities by purchasing equipment from Danish exporters.
According to Hryban, the Danish fund will not only provide financial guarantees, but will also directly carry out lending, which puts it on a separate level among financial institutions that have opened their programs for Ukraine.
The Danish government plans to significantly increase the limits and expand the financial assistance program for Ukraine.
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Source: Ministry of Finance
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