Japan Allocates $188 Million Within a Tech Transfer Program for Ukraine

Japan and the Ministry of Economy of Ukraine announced a project, in cooperation with the United Nations Industrial Development Organization (UNIDO), to transfer advanced Japanese technologies to Ukraine.

“This project opens up opportunities for businesses to receive a grant of up to $10 million, and the total project budget is $188 million,” according to the statement.

The project aims to support Ukraine’s green industry recovery and achieve long-term sustainable development through technology transfer, capacity building, and co-creation of enterprises in key industries with high potential for growth and added value, as well as with a strong focus on socio-economic impact and support for people affected by the war.

The initiative will target sectors, such as:

• Agro-tech, value chains, and water management.

• Production from biomass and unused primary products, and the development of a circular economy.

• Digital transformation, active use of ICT (information and communication technologies), data analytics, and artificial intelligence.

• Sustainable energy systems, energy conservation, industrial decarbonization, energy infrastructure management, and climate risk mitigation and adaptation.

• Green hydrogen/ammonia, focusing on advancements in medical technology, promoting the use of telemedicine, and improving overall healthcare services.

• Med-tech, telemedicine, and medical services.

  During the Summit on Peace for Ukraine, on June 13, President Volodymyr Zelenskyy and Japanese Prime Minister Fumio Kishida signed a 10-year bilateral security agreement.

Earlier, on June 11-12, the Ukraine Recovery Conference was in Berlin, showcasing investment opportunities and featuring 95 projects across various sectors in Ukraine.