Japanese business community to assist in Ukraine's recovery through new platform
www.pravda.com.ua
Wed, 22 Jan 2025 19:02:44 +0200
Ukraine and Japan have launched JUPITeR, a business platform for infrastructure technology to support the countrys recovery and reconstruction.
Source Ukraines Ministry for Development of Communities and Territories, as reported by InterfaxUkraine Details JUPITeR is designed to engage Japanese companies in rebuilding Ukraines infrastructure.
Oleksii Kuleba, Deputy Prime Minister for Recovery and Minister for Development of Communities and Territories, said the platform aims to establish reliable and effective coordination mechanisms with Japanese partners.
This will allow us and our Japanese counterparts to clearly identify priorities and respond effectively to Ukraines current recovery needs, Kuleba stated.
The platform will provide Japanese businesses with updates on the situation in Ukraine and key recovery projects.
Ukraine plans to cooperate with Japan in areas such as residential infrastructure, training in the transportation sector and other fields, Deputy Minister Maryna Denysiuk added.
Japan is also aiding Ukraine in mine clearance and waste management, and is supplying equipment and materials, including track for Ukrainian Railways and heat pumps and municipal equipment for communities.
Joint projects with the Japan International Cooperation Agency JICA are also ongoing.
Background Japan will commit an additional US3 billion to Ukraine from the proceeds of frozen Russian assets.
Bilateral trade between Ukraine and Japan grew by 6 in 2024 to reach US747.2 million, continuing the previous years trend of nearly 30 growth.
Support UP or become our patron
Latest news
more news