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Large-scale investments needed for the reconstruction of Ukraine could reach $800 billion or more over the next decade, but this process will require a complex framework of legal agreements rather than a single political decision, Ukrainian Deputy Prime Minister Taras Kachka said, UATV English reports.
Speaking during a panel discussion at the Ukrainian House in Davos, Kachka, who oversees European and Euro-Atlantic integration, said Ukraine’s aspiration to become a fully integrated European state is now moving beyond political declarations into a phase of practical and demanding implementation.
“Serious work means that we can talk about $500–800 billion, a trillion or even more in investments. Everything is possible,” Kachka said. “I believe the scale of investment over ten years could be extraordinarily large because the need is enormous. But we all understand that this is not a matter of a single document that I, or any politician, can simply sign — it involves many legal documents.”
He stressed that Ukraine’s reconstruction effort is now entering a phase where ambition must be matched by sustained institutional and legal work.
“This is serious now, and therefore it is complicated. It requires persistent effort,” Kachka added.
The deputy prime minister’s remarks come amid growing international discussions on long-term financing mechanisms for Ukraine’s post-war recovery, including private investment, international financial institutions, and the potential use of frozen Russian assets.
As previously reported, Kachka has said that Ukraine and the United States have reached a working-level agreement on a political framework document referred to as Ukraine’s “Prosperity Plan,” aimed at laying the groundwork for long-term economic recovery and integration with Western markets.
Ukrainian officials have repeatedly emphasized that reconstruction is not only about rebuilding infrastructure destroyed by Russia’s invasion, but also about modernizing the economy, strengthening institutions, and aligning the country with European Union standards.
