Cabinet of ministers of Ukraine approves Medium-Term Plan for Priority Public Investments for 2027–2029

The Cabinet of Ministers of Ukraine has approved the Medium-Term Plan for Priority Public Investments (MIP) of the state for 2027–2029. The document enters into force simultaneously with the adoption of the Budget Declaration for 2027–2029.

The Plan aims to optimise the use of budgetary resources, increase transparency in public spending, and strengthen the integration of investments into the budget planning system. This approach will allow funding to be concentrated on priority projects and programmes for citizens.

The approval of the new Plan is a consistent step in the public investment management (PIM) reform, ensuring continuity in the medium-term investment planning process in close alignment with strategic priorities. During the implementation of the previous Plan for 2026–2028, investment priorities were aligned with strategic planning documents, unified approaches to project evaluation were introduced, the Unified Project Portfolio (UPP) of Public Investments of the state was initiated, and the relevant funding for project implementation was included in the State Budget of Ukraine for 2026.

The Plan for 2027–2029 covers 18 priority sectors for public investment — including transport, education and science, healthcare, energy, municipal infrastructure, the social sphere, mine action, and digital transformation. Within these sectors, 44 sub-sectors and 67 key directions for public investment have been defined, aligned with strategic planning documents.

Four cross-cutting strategic objectives for public investment have also been established: energy efficiency, digitalisation, climate change response, and gender equality and accessibility. These objectives are a prerequisite for sustainable development and the strengthening of social equity.

The total volume of public investments for 2027–2029 is UAH 270.9 billion, including: UAH 123.7 billion in 2027; UAH 82.3 billion in 2028; UAH 64.9 billion in 2029.

The UAH 270.9 billion in public investments for 2027–2029 will be financed from the following sources:

  • UAH 150.8 billion — the general fund of the State Budget (including UAH 6.0 billion from the State Regional Development Fund);
  • UAH 114.5 billion — funds from international financial organisations and foreign governments (including UAH 14.6 billion in international technical assistance and grants);
  • UAH 4.9 billion — state guarantees;
  • UAH 0.7 billion — special state funds.

The largest investment volumes are directed to:

  • Education and science — UAH 78.5 billion;
  • Transport and postal services — UAH 73.0 billion;
  • Municipal infrastructure and services — UAH 46.5 billion;
  • Healthcare — UAH 25.3 billion;
  • Energy — UAH 17.1 billion.

The Plan was developed taking into account the Ukraine Facility (Ukraine Plan) and the results of the Fifth Rapid Damage and Needs Assessment (RDNA5), according to which recovery and reconstruction needs are now estimated at USD 587.7 billion over a 10-year horizon — more than 12% higher compared to the previous assessment. 

The Plan creates the foundation for strengthening the confidence of international partners and private investors by establishing clear state priorities, predictable government policy, and transparent planning processes. This will facilitate effective mobilisation of international financing and the development of public-private partnership (PPP) mechanisms.

Only those projects and programmes that are aligned with the key directions of public investment defined in the Plan and included in the Unified Project Portfolio (UPP) of Public Investments of the state will be eligible for state funding.