AmCham Ukraine leadership and member companies met with Jean-Erik de Zagon, Head of Regional Hub for Eastern Europe, European Investment Bank (EIB).
During the meeting, participants discussed EIB's current activities, priorities, and plans to enable businesses to operate and invest, and support Ukraine's path towards EU accession. In particular, Mr. de Zagon presented an overview of the EIB's over EUR 7 billion investment portfolio in Ukraine across various sectors, noting that infrastructure, transport, and energy (except nuclear) remain the priority. Also, a significant proportion of its portfolio (22%) is aimed at supporting the private sector, with a focus on small and medium enterprises (SMEs).
During the Q&A session, Mr. de Zagon also touched upon the EIB’s involvement in the EU Ukraine Facility, mentioning that around 25% of the total EUR 8 billion allocated to a special investment mechanism under Pillar II, will be managed by the EIB. Both parties shared their common interest in the prospect of scaling up the EIB guarantees instrument in the future.
AmCham is grateful to Jean-Erik de Zagon, the EIB team, and all the participants for in-depth discussion, and looks forward to further cooperation to create comfortable conditions for doing business, rebuilding the country, and developing Ukraine's economy.