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Ukraine’s new PPP law: a modern framework to unlock private investment in reconstruction and development

On 19 June 2025, the Ukrainian Parliament adopted a transformative new version of the Law “On Public-Private Partnership” (the PPP Law), replacing the outdated 2010 legislation. As Ukraine faces the monumental task of rebuilding infrastructure, strengthening energy security, and modernising public services, the new PPP Law introduces a flexible and investor-friendly framework to catalyse private and donor-backed projects across a wide array of sectors.

From streamlined local partnerships to national projects in transport, energy, defence, and healthcare, the PPP law represents a decisive shift toward blended financing, legal clarity, and EU-aligned procedures. Yet, while the reforms offer numerous new opportunities, they also mark the end of a key feature of the old regime: the right of private partners to initiate projects, a change that may alter the dynamics of public-private collaboration going forward.