The Cabinet of Ministers of Ukraine has adopted a decision establishing clear rules for the preparation of public-private partnership (PPP) projects, simplifying the preparation of small PPP projects, and unifying approaches to the preparation of PPP projects and public investments.
“Today’s decision of the Government creates a practical mechanism that gives impetus to the development of public-private partnership in Ukraine. In particular, clear rules for the preparation of PPP projects are established, the preparation of PPP projects is simplified, and unified approaches for PPP and public investments are determined. This means clear rules of the game for investors and more high-quality projects for the restoration of Ukraine,” said Deputy Minister of Economy and Environment of Ukraine Anna Artemenko.
The adopted document provides for:
– Clear and unified approaches to the preparation, assessment, selection and implementation of PPP and concession projects;
– For projects worth up to 5.5 million euros, a simplified approach to preparation is introduce;
– The preparation of PPP projects is integrated into the general public investment management system – which means uniform principles of planning, assessment, prioritization and selection of projects.
In particular, an opportunity has been created to implement projects that are difficult to finance from the budget alone – PPP allows attracting private resources and distributing risks between the parties. This provides more opportunities for the development of territories.
The new approach will also contribute to the faster implementation of projects to modernize critical infrastructure, the effective involvement of European and international investment instruments, etc.
In addition, the adopted resolution amends the resolution dated February 28, 2025 No. 527 “Some issues of public investment management.” The goal is to make the procedures for preparing, assessing, and implementing public investment projects and programs more consistent and transparent, and the requirements for their preparation clearer depending on the scale and complexity of the project.
The changes include:
– Improving the preparation and assessment of public investment projects – updating the requirements for the preliminary investment and investment feasibility study, industry and expert assessment, as well as determining the readiness of the project for implementation;
– Integrating the assessment of the PPP opportunity into the preparation of public investment projects – the assessment will determine the possibility and feasibility of involving a private partner;
– Forming unified project portfolios of the state, regional, and local levels with the possibility of updating them throughout the life cycle of the projects;
– Clearer definition of the roles and responsibilities of participants in the preparation and implementation of public investment projects and programs;
– The possibility of adjusting projects and programs throughout their life cycle with re-assessment in the event of significant changes;
– Strengthening planning, monitoring, and evaluation of the results of the implementation of public investment projects and programs;
– Protection of sensitive information – for projects, the disclosure of data about which may pose risks to critical infrastructure, cybersecurity or national security, appropriate access and publication restrictions are established.
Separately, in 2026, additional opportunities are provided for regions and communities: by decision of the local investment council, projects with confirmed financing may be included in the single project portfolio, and local state administrations and local governments will be able to independently determine the areas of public investment in accordance with strategic documents. This will allow for more rapid identification of new investment priorities and directing resources to projects necessary for the resilience of regions and communities, in particular, preparation for the autumn-winter period. (Economy Ministry)