Many governments finance public works projects through borrowing from the Multilateral Development Banks. Please refer to “Project Financing” Section in “Trade and Project Financing” for more information. 
National law regulates the public procurement of goods, works, and services. According to Ukrainian law, public tenders must be held for the procurement of goods, works, and services if the cost of goods is equal to or greater than UAH 100,000 (roughly $4,500) and if the cost of works is equal to or greater than UAH 1,000,000 (roughly $45,000). The government must publish the announcement of the tender and its results. Open international tenders must be used when procurements are financed by foreign entities. Government procurement is also governed by international treaties to which Ukraine is a party, including Chapter 8 of Title IV of the Association Agreement with the EU, as well as the WTO Government Procurement Agreement. 
Starting on August 1, 2016, all government agencies in Ukraine began using an e-procurement system, the PROZORRO portal. Ukraine’s implementation of the e-procurement system has created significant opportunities for American companies to participate in Ukrainian government tenders. American suppliers interested in current public procurement opportunities in Ukraine may register for notifications at the open-source government e-procurement system, PROZORRO.

The Anti-Monopoly Committee of Ukraine has the power to review disputes arising from public procurements related to procurement procedures through its Complaint Board. Courts may also hear government procurement-related cases. Cases must be filed within tight timelines, within 10 days of alleged violations. U.S. companies may also file a complaint with Ukraine’s Business Ombudsman Council. The post of Business Ombudsman is an essential element in Ukraine’s fight against corruption and is supported by the EBRD, the OECD, and multiple business associations, including the American Chamber of Commerce in Ukraine. The Business Ombudsman’s regulatory status allows the ombudsman or his/her representatives in the field to report claims of unfair treatment and corruption. The Business Ombudsman Council assesses the claims. Where it concludes that the alleged business malpractice may have occurred, it can request further investigation by the relevant bodies and seek to have these complaints addressed by government authorities. The ombudsman periodically reports to the public, including the business community, about the progress made in the fight against corruption.

In addition to direct government tenders, Ukraine currently receives international assistance from multiple multilateral development banks for immediate needs in the aftermath of Russian attacks on Ukraine, particularly in the area of repair and rehabilitation of critical infrastructure. These projects create significant export opportunities for U.S. companies. Many of the tender announcements for these projects are on the websites of the World Bank, the EBRD; the International Finance Corporation (IFC), and the United Nations Development Program (UNDP).

Project Financing

On September 1, 2021, a Memorandum of Understanding (MOU) was signed between the U.S. Export-Import Bank (EXIM) and the GOU aimed at enhancing trade and economic cooperation between the two countries. Under the MOU, EXIM and Ukraine’s Ministry of Economy agreed to mutual communication regarding opportunities to facilitate procurement of U.S. goods and services by the Ukraine government for projects that include but are not limited to infrastructure such as transportation, safety and security, and healthcare. Cooperation is also anticipated in other key sectors such as agriculture, climate, energy, and digital economy. However, post-February 2022, the U.S. EXIM has been unable to support projects in wartime Ukraine in its regular course of operations as of the publication of this guide.

The U.S. International Development Finance Corporation (DFC), established in 2019 with bipartisan support under President Trump, is the international investment arm of the U.S. government. DFC partners with the private sector to advance U.S. foreign policy and strengthen national security by mobilizing private capital around the world. DFC invests across strategic sectors including critical minerals, modern infrastructure, and advanced technology – fostering economic development, supporting U.S. interests, and delivering returns to American taxpayers.

Multilateral Development Banks

Both the World Bank Group and the European Bank for Reconstruction and Development (EBRD) have robust financing programs in Ukraine.  The United States is a prominent member of both Multilateral Development Banks, which offer financing options for U.S. exporters and financial investors.

The World Bank Group (WBG) is a major partner in supporting Ukraine’s government, economy, and reconstruction efforts, having mobilized over $81 billion in financing since the full-scale Russian invasion in February 2022. This support focuses on emergency needs, sustaining public services, and laying the groundwork for long-term recovery and EU accession. The WBG, in partnership with the Government of Ukraine, conducts regular Rapid Damage and Needs Assessments (RDNA). The latest RDNA4, released in February 2025, estimated the total cost of reconstruction and recovery in Ukraine at $524 billion over the next decade as of December 2024.  The WBG prioritizes projects that: Sustain Essential Public Services, Provide for Emergency Repairs and Infrastructure; Support Private Sector Development, Mitigates Risk and Provides Guarantees, and Supports Reform and EU Accession.

The Public Expenditures for Administrative Capacity Endurance (PEACE) initiative seeks to sustain government administrative capacity and core government function in Ukraine. It covers costs such as civil servant and school employee wages. The Financing of Recovery from Economic Emergency Ukraine (FREE Ukraine) is a development policy loan with significant contributions from the United States and Europe. Japan has also contributed $600 million to a parallel program of FREE Ukraine. Through initiatives and similar programs, the World Bank has acted quickly in support of Ukraine in response to the violence and broad disruption caused by the Russian invasion and has signaled that it will continue to provide robust support in the future. Excluding wartime support, the bank has provided more than $14 billion to 90 projects and programs to Ukraine. 
The EBRD has worked with Ukraine since 1992.  EBRD has deployed more than $8.96 billion in the real economy since Russia’s invasion in February 2022, with a specific focus on energy security, vital infrastructure, food security and pharmaceutical supply chains.  As of September 30, 2025, the EBRD has 257 active projects in its Ukraine portfolio with a value of EUR 6.89 billion ($7.44 billion). In December 2023, EBRD governors approved a resolution to increase the Bank’s paid-in capital by EUR 4 billion ($4.32 billion), with the additional shareholder capital to be used for significant and sustained investment in Ukraine in both in wartime and in reconstruction. 

The International Chernobyl Cooperation Account (ICCA) was established by the EBRD in November 2020 at the request of the Ukrainian government. It was set up as a multilateral fund to support the development of a comprehensive plan for Chornobyl. The EBRD manages the ICCA, which currently holds EUR 25 million ($27 million) in donor funds. Following the occupation of the Chornobyl Exclusion Zone (CEZ) at the start of Russia’s war on Ukraine, the scope of the ICCA was broadened to support the restoration of safety and security within the exclusion zone, as well as wider nuclear safety measures across Ukraine.\

In response to the war, the IFC announced its intention to launch two new financing facilities in Ukraine and its neighboring countries. One, the “Economic Resilience Action Program” announced in December 2022, provides for the immediate needs of Ukraine’s private sector, which has been devastated by the war, and help prepare for reconstruction. The $2 billion response package includes finance from IFC’s own account together with guarantees from donor governments. The program will focus on Ukraine and neighboring countries to support projects such as supply chain redirection, affordable housing for refugees and energy projects like wind power. The second is centered on global food security, and will support farmers, food processors, and fertilizer businesses. Since 2004, the IFC has invested in 86 projects worth $3.2 billion in Ukraine. Through a combination of investment and advisory services, IFC partners with clients in strategic sectors crucial to Ukraine with a historical focus on agribusiness, infrastructure, and energy efficiency.

As the war remains intense with signs of continuing into 2025, Ukraine will continue to rely on substantial external support, including concessionary financing from MDBs. The NBU has projected external financing requirements at approximately $38 billion in 2024 and $31 billion in 2025.