Tuesday, 02 January 2024 12:17 GMT

Greek Companies Outline Their Investment Plans For Ukraine's Recovery


(MENAFN- UkrinForm) The Ministry of Communities and Territories Development of Ukraine has invited Greek companies to participate in projects aimed at restoring Ukraine's maritime communication.

That is according to the ministry's press service, as reported by Ukrinform.

During the Ukrainian-Greek Business Forum, Deputy Minister Maryna Denysiuk emphasized the importance of involving Greek businesses in Ukraine's reconstruction efforts, particularly in the maritime industry. The ministry views Greece as a key partner in the sector's revival and development.

The forum brought together representatives from 10 Greek companies, who showcased their expertise and potential contributions to Ukraine's reconstruction.



Read also: Zelensky, Greek PM discuss increasing pressure on Russia

Denysiuk expressed gratitude to Greece for its tangible support in establishing safe and reliable alternative routes to mitigate the blockade of Black Sea ports. In particular, she highlighted the use of the Greek ports of Thessaloniki and Alexandroupolis as additional hubs for Ukrainian grain exports.

The Deputy Minister emphasized the critical importance of restoring Ukraine's maritime and port infrastructure and reaffirmed her readiness to present the Plan for the reconstruction of Ukraine's maritime communication to Greek partners. This plan, developed in early 2024 in collaboration with Estonia, outlines strategic initiatives for recovery.

As earlier reported, nearly 400 port infrastructure facilities in Ukraine have sustained damage. Preliminary estimates indicate that restoration efforts will require at least EUR 1 billion.

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