The Cabinet of Ministers of Ukraine adopted Resolution “On Certain Issues of Preparing Public-Private Partnership Projects and Improving the Public Investment Management Process” dated August 13, 2026, No. 1051, which, in particular, introduces amendments to Cabinet of Ministers of Ukraine Resolution No. 527 dated February 28, 2025, which governs public investment management procedures.

The amendments concern the preparation of projects and programs, their assessment, the formation of project portfolios, and their implementation at the state, regional, and local levels.

New terms and clarifications of key concepts

The Resolution has been supplemented with definitions of “project readiness for implementation” and “program readiness for implementation,” which establish the set of conditions under which a project or program may proceed to the implementation stage. The concepts of “project component implementer” and “program component implementer” have also been introduced.

Project preparation

Requirements for pre-investment documentation have been set out in a new wording. The content of the preliminary and investment feasibility studies is now clearly differentiated depending on the projected cost of the project.

All preparation is carried out through the DREAM public investment management system. From the moment of registration, each project is assigned a unique identifier, which remains unchanged throughout its entire life cycle — this prevents duplication of projects and ensures traceability of information about them.

Other changes include:

• A mechanism for adjusting projects and programs has been introduced — the initiator may update parameters at any stage of the pre-investment cycle. Depending on the nature of the changes, the project either undergoes a repeat assessment or does not.
• For projects with co-financing from budgets of different levels, confirmation of compliance with the public investment area for each level is required.
• For projects related to critical infrastructure facilities, restricted access to relevant information and documents may be established.

Public-private partnership within the public investment management system

The Resolution integrates public-private partnership (PPP) and concession projects into the overall public investment management system. PPP is a mechanism whereby the state or a community engages a private partner in the implementation of a public investment project. The private partner assumes part of the costs and risks, which makes it possible to implement priority projects without placing the full burden on the budget.

Now every public investment project is checked for the possibility of implementation in a PPP format — this question has been included in the sectoral assessment checklist. If such a possibility is confirmed, the project is prepared under a separate procedure. If not, it is returned to the standard preparation route.

PPP projects that require budget financing for preparation are included in the unified project portfolio of the relevant level on general grounds.

Assessment of projects and programs

New checklists for the sectoral assessment of projects and programs have been introduced. They verify the project’s compliance with strategic planning documents, the public investment area, and cross-cutting goals — energy efficiency, digitalization, climate adaptation, and barrier-free accessibility. Checklists for expert assessment have also been updated.

Updating the Unified Project Portfolio (UPP)

Changes to the Unified Project Portfolio are made by decision of the relevant investment council. For the state level — no more than once per quarter; for the regional and local levels — no more than once per month. Grounds for changes may include the results of a repeat sectoral or expert assessment, as well as proposals from ministries or sectoral units to exclude projects and programs or to include new ones.

Implementation and monitoring

The procedure for the implementation of projects and programs has been set out in a new wording. Powers and responsibilities are clearly delineated between the project initiator and the component implementers. Implementers enter financial and physical indicators into DREAM on a monthly basis. The initiator prepares semi-annual reports and an annual performance evaluation. Upon completion of a project, a final report is submitted comparing actual results with planned ones.

Source: https://dream.gov.ua