US opens portal for projects in US-Ukraine Reconstruction Fund, first investments expected soon

2026-01-07 22:44:03 / BOTA ALFA PRESS

US opens portal for projects in US-Ukraine Reconstruction Fund, first

The U.S. Development Finance Corporation (DFC) announced today the launch of an online portal through which interested parties can submit project proposals under the U.S.-Ukraine Reconstruction Fund.

According to DFC, the first investments are expected to be announced in the coming months.

Fund created in record time

The U.S.-Ukraine Reconstruction Investment Fund (URIF), created in record time as part of the minerals agreement signed by the two countries in April, officially began operations in December. Focused on investments in critical minerals and other strategic sectors, the fund is expected to reach about $200 million by the end of the year, a senior U.S. official said. Meanwhile, Ukrainian authorities aim to announce three initial projects this year.

"We look forward to reviewing the proposals and making our first investments in the coming months," said Connor Coleman, chief investment officer at DFC and a member of the fund's board.

DFC Executive Director Ben Black emphasized that the opening of the portal underscores US President Donald Trump's commitment to a lasting peace in Ukraine, paving the way for projects and investments that serve the common interests of the US and Ukraine.

According to the DFC, the fund will consider proposals across a wide range of sectors, including:

transportation and extraction of hydrocarbons,

information and communication technology,

new and innovative technologies .

High interest from investors

US officials have already begun talks with a large number of interested investors and are ready to conduct preliminary assessments of several potential projects, Reuters reported, citing a senior official.

Ukraine signed the minerals deal after months of pressure from the Trump administration, giving the US preferential access to new mining projects in exchange for investment and with the aim of securing continued American support.

The deal has significantly improved dialogue between Washington and Kiev, but officials warn that investment in a country that marks the fourth anniversary of the Russian invasion on February 24 will be complex and demanding. The United States will insist that projects meet the interests of both governments and bring commercial returns.

Capital and sustainable expansion

The fund has already secured $23 million in proceeds from hydrocarbon auctions, adding to its initial capital of $150 million, bringing the total to close to $200 million by the end of the year. The fund’s structure envisages gradual expansion and the encouragement of co-investments from other countries and institutions, including the World Bank and the European Bank for Reconstruction and Development.

According to officials, the investments will focus on strategic sectors and will begin immediately, without waiting for a formal ceasefire. A key advantage, it is emphasized, is that the projects will “fly the flag” of both the United States and Ukraine, providing an additional level of security and encouraging private sector participation in the country’s reconstruction.

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