Ukraine Reconstruction $100 Million ‘Replacement with Digital Infrastructure’

The New York Times reported on the 16th that “Korean trade experts” are preparing for the reconstruction situation, calling the reconstruction project in Ukraine, which is the largest reconstruction project since World War II and intended to digitally transform the Russian-style social foundation, a “gold rush.” .
The US private equity fund ‘rides’ in the Ukraine reconstruction project worth at least 100 billion dollars, and the NYT said, “Latvian roofing company and Korean trade expert. Danish fuel cell manufacturer and Austrian wood producer. New York private equity mogul and German concrete plant operator. Thousands of companies around the world are preparing for a multi-billion dollar gold rush that will rebuild Ukraine once the war is over.”
The NYT continued, “More than 300 companies from 22 countries registered to participate in the ‘Reconstruction Ukraine Trade Exhibition and Conference’ to be held in Warsaw, Poland this weekend on the 18th. “Last month at the World Economic Forum in Davos, Switzerland, a crowd packed Ukraine House to discuss investment opportunities. More than 700 French companies flocked to the conference hosted by President Macron. The Finnish Federation of Industries sponsored a full-day webinar with Ukrainian officials, where companies showed off wastewater treatment plants, transformers, threshers and prefabricated houses.”
Andrew Forrest, founder of BlackRock, a private equity fund advising the Ministry of Finance of Korea, wore a Ukrainian flag pin on his collar and presented an Australian whip to Ukrainian President Zelensky while visiting Kiev last year, saying, “Russian troops are withdrawing from the Ukrainian mainland.” The moment you do, you will be able to use the capital,” said the NYT.
Australian mining giant Forrest last year announced an initial investment of $2.5 billion in new money created for rehabilitation projects in a $50 billion private equity fund, which will operate in conjunction with BlackRock and provide support for war-torn areas. It is raising money from sovereign wealth funds controlled by national governments and private investors around the world to invest in clean energy.
President Zelensky likened Ukraine's reconstruction to the Marshall Plan, the US-backed reconstruction program that provided aid to Western Europe in the immediate aftermath of World War II, and that this huge economic opportunity is an initial cost estimate of at least $75 billion to rebuild physical infrastructure alone. It became the biggest capital feast over the years.
“Long-term reconstruction aid depends not only on the outcome of the war, but also on how much money the European Union, the United States and other allies invest. Individual investors are being courted, but few investors are willing to risk money investment right now because the conflict is entrenched,” he said. “Ukraine and several European countries are working hard to confiscate frozen Russian assets held abroad. Skeptics, including officials in the Biden administration, questioned the legitimacy of such a move.”
President Zelensky said of the BlackRock investment at the Tatarang Group Investment Conference held in Singapore last September, "Andrew Forrest and I have agreed not to replace the rubbish Russian infrastructure of the communist era, but instead to leap forward with the latest technology. “This innovative initiative will catalyze the world’s first green digital economy and the world’s fastest-growing economy,” he said. said.
On the same day, President Zelensky formalized a reconstruction program to “replace Russian infrastructure with digital infrastructure” with Australia’s largest private sapo fund, which will invest $10 billion to sign a green growth initiative for Ukraine worth at least $2.5 billion.
In early September of last year, President Zelensky signed a Memorandum of Understanding (MoU) with BlackRock Chairman Larry Pink, “BlackRock will work closely with the Ukrainian government to develop a consulting support framework to develop a special platform to attract private capital for the recovery and support of the Ukrainian economy.” signed on
The NYT said, “Ukraine has made clear rewards to early investors in post-war reconstruction, but that opportunity carries risks.” “Danfoss, a Danish industrial company that sells thermal efficiency units and hydraulic power units for apartments and other buildings, It has been operating in Ukraine since 2008, and its Kiev warehouse was destroyed by Russian shelling at the beginning of the war in February.
"No one is looking for a major rebuild right now," Andriy Berestyan, the conference's executive director for Ukraine, told the NYT. "Right now, all efforts are being made to stay in survival mode."
“By October we had new orders for Danfoss products and we had restored the Danfoss distribution center in Kiev. “Then Russia started dropping bombs en masse,” he said, explaining the reality of survival mode.