The estimated cost of Ukraine’s recovery is now nearly three times the country’s projected nominal GDP for 2025. According to the updated Rapid Damage and Needs Assessment - RDNA5, released on February 23 by the Government of Ukraine together with the World Bank Group, the European Commission, and the United Nations, total recovery and reconstruction needs as of December 31, 2025 are estimated at USD 588 billion over the next decade. This represents an increase of USD 64 billion compared to the previous year’s assessment. The assessment covers the period from February 24, 2022 to December 31, 2025 - nearly four years of full-scale war. During this time, direct damage has exceeded USD 195 billion. The most affected sectors remain<ul><li>housing - accounting for 31% of total damage,</li><li>transport - 20.6%,</li><li>energy - 12%,</li><li>trade and industry - 9%,</li><li>agriculture - 6%.&nbsp;</li></ul>More than 80% of destruction is concentrated in frontline and border regions. The largest recovery needs over the next ten years are in the transport sector, totaling more than USD 96 billion. Energy sector needs are estimated at USD 90.6 billion. In 2025 alone, the number of damaged or destroyed energy facilities increased by approximately 21%. The district heating sector remains particularly underfunded - 2026 financing needs amount to USD 1.6 billion, while less than 1% of this requirement is currently secured. The housing sector requires approximately USD 90 billion over the next decade. Since the start of the full-scale invasion, 14% of the housing stock has been damaged or destroyed, affecting more than 3 million households. Significant resources are also required for trade and industry - over USD 63 billion, agriculture - over USD 55 billion, and demining and explosive hazard management - nearly USD 28 billion. In 2026, USD 5.8 billion is already available to finance priority programs; however, the overall funding gap stands at USD 9.5 billion. The most significant shortfalls are observed in energy, housing, transport, and water supply and sanitation. At the same time, RDNA5 highlights a structural shift in Ukraine’s recovery framework. Planning and prioritization of investments for 2026 are being carried out within the Public Investment Management reform framework, with DREAM serving as its digital backbone. The preparation of the 2026 State Budget marks the first full budget cycle implemented under the updated PIM procedures. The PIM system governs the planning, appraisal, and prioritization of public investments at the national, regional, and local levels. State-level investments are consolidated into a <a target="_blank" rel="noopener noreferrer" href="https://dream.gov.ua/spp-pipeline">Single Project Pipeline</a>, while regional and local pipelines are being further developed to serve as central reference points for financing and implementation decisions. Importantly, aggregated data from the DREAM platform were used to assess recovery needs at the regional and local levels. DREAM provides a consolidated, transparent, and structured overview of community and regional investment needs, ensuring alignment within a unified PIM logic. Overall, Ukraine’s recovery framework is transitioning from emergency response toward a structured, institutionalized, and data-driven model of investment management. This process goes beyond rebuilding infrastructure - it represents a broader economic transformation, the adoption of European standards, and the establishment of a foundation for Ukraine’s full integration into the European Union.

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RDNA5: Ukraine’s Recovery Needs Are Estimated at Nearly USD 588 Billion

DREAM Academy is the training and capacity-building unit of the DREAM Project Office under the Ministry for Development of Communities and Territories of Ukraine. Its mission is to strengthen the capacity of public sector professionals to effectively manage public investments at all levels — from local communities to central government. Areas of activity Training and capacity building DREAM Academy delivers practical training sessions, webinars, and workshops for representatives of ministries, communities, and regions. Training programmes combine the methodological foundations of the Public Investment Management (PIM) reform with hands-on work in the DREAM system, covering strategic investment planning, project preparation and appraisal, portfolio formation, implementation, monitoring, and evaluation. Guidelines and digital learning materials The Academy develops digital content, methodological guidance, and step-by-step instructions to support correct data structuring, reduce errors, and facilitate efficient use of the system. Expert community DREAM Academy facilitates a professional <a target="_blank" rel="noopener noreferrer" href="https://www.facebook.com/groups/186494501179428">Facebook community</a> that brings together experts, public authorities, and practitioners involved in PIM processes. The community provides a space for peer-to-peer exchange, discussion of practical challenges, and access to professional support at all stages of public investment management. Regional centres of expertise Knowledge scaling is ensured through a network of regional partners, including Regional Development Agencies. Activities include training of trainers, mentoring support, and the development of standard training programmes, modules, and learning materials aimed at strengthening the capacity of communities and regions. AI-powered support in DREAM DREAM Academy contributes to the development of an interactive knowledge base for the DREAM large language model (LLM). This enables the future integration of an intelligent assistant into the system interface to provide timely user support and, over time, assistance with feasibility studies and project appraisal. Learning platform&nbsp; The <a target="_blank" rel="noopener noreferrer" href="https://academy.dream.gov.ua ">academy.dream.gov.ua </a>platform serves as a single access point to:<ul><li><a target="_blank" rel="noopener noreferrer" href="https://academy.dream.gov.ua/page/knowledge_base">a knowledge base</a> with methodological guidance, detailed instructions, and recordings of completed training sessions, updated in line with system development;</li><li><a target="_blank" rel="noopener noreferrer" href="https://academy.dream.gov.ua/page/Events">an events calendar</a> with information on upcoming training activities and registration options;</li><li>access to the DREAM Academy professional <a target="_blank" rel="noopener noreferrer" href="https://www.facebook.com/share/g/17wQT6aNxy/">community on Facebook</a>. &nbsp;</li></ul>Impact in 2025<ul><li>56 training events covering all stages of public investment management</li><li>Over 21,000 professionals trained across communities, regions, and national institutions</li><li>Average quality rating of 4.86 out of 5, based on participant feedback</li></ul>DREAM Academy operates under the Ministry for Development of Communities and Territories of Ukraine with operational support from Open Contracting Partnership, within the Digitalisation for Growth, Integrity and Transparency (DIGIT) Project, implemented by Eurasia Foundation and funded by UK Dev.

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DREAM Academy: A Centre of Competence in Public Investment Management

The updated community investment profile is now available in the DREAM system. The page provides basic information about the community, a brief overview, and contact details of the responsible representative. A map of Ukraine has also been added to display the community’s location.A user-friendly menu at the top of the community profile allows users to explore data on public investment activities.<figure class="image"><img alt="Знімок екрана 2025-12-30 о 08.21.10.png" src="https://cms.dream.gov.ua/uploads/Znimok_ekrana_2025_12_30_o_08_21_10_27233073a1.png" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Znimok_ekrana_2025_12_30_o_08_21_10_27233073a1.png 245w, https://cms.dream.gov.ua/uploads/small_Znimok_ekrana_2025_12_30_o_08_21_10_27233073a1.png 500w, https://cms.dream.gov.ua/uploads/medium_Znimok_ekrana_2025_12_30_o_08_21_10_27233073a1.png 750w, https://cms.dream.gov.ua/uploads/large_Znimok_ekrana_2025_12_30_o_08_21_10_27233073a1.png 1000w" sizes="100vw" width="1000"></figure>In particular, the “Community MTP” tab provides access to the approved Medium-term Investment Plan for priority public investments. Dashboards include data on investment streams, total financial needs, funding limits, target indicators, etc. Filters allow users to view the plan by sector, sub-sector, strategic documents, or financial needs. <img alt="Знімок екрана 2025-12-30 о 12.02.25.png" src="https://cms.dream.gov.ua/uploads/Znimok_ekrana_2025_12_30_o_12_02_25_00ece57fe2.png" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Znimok_ekrana_2025_12_30_o_12_02_25_00ece57fe2.png 245w, https://cms.dream.gov.ua/uploads/small_Znimok_ekrana_2025_12_30_o_12_02_25_00ece57fe2.png 500w, https://cms.dream.gov.ua/uploads/medium_Znimok_ekrana_2025_12_30_o_12_02_25_00ece57fe2.png 750w, https://cms.dream.gov.ua/uploads/large_Znimok_ekrana_2025_12_30_o_12_02_25_00ece57fe2.png 1000w" sizes="100vw" width="1000"> The “Community SP” tab contains information about projects included in the sectoral pipelines. Projects can be filtered by sectors or investment streams. <img alt="Знімок екрана 2025-12-30 о 11.15.32.png" src="https://cms.dream.gov.ua/uploads/Znimok_ekrana_2025_12_30_o_11_15_32_c14a78bd61.png" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Znimok_ekrana_2025_12_30_o_11_15_32_c14a78bd61.png 245w, https://cms.dream.gov.ua/uploads/small_Znimok_ekrana_2025_12_30_o_11_15_32_c14a78bd61.png 500w, https://cms.dream.gov.ua/uploads/medium_Znimok_ekrana_2025_12_30_o_11_15_32_c14a78bd61.png 750w, https://cms.dream.gov.ua/uploads/large_Znimok_ekrana_2025_12_30_o_11_15_32_c14a78bd61.png 1000w" sizes="100vw" width="1000"> &nbsp; Users can also filter projects by purpose, budget, preparation status, or initiator. <img src="https://cms.dream.gov.ua/uploads/Znimok_ekrana_2025_12_30_o_10_50_29_54af6e6fa5.png" alt="Знімок екрана 2025-12-30 о 10.50.29.png" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Znimok_ekrana_2025_12_30_o_10_50_29_54af6e6fa5.png 245w, https://cms.dream.gov.ua/uploads/small_Znimok_ekrana_2025_12_30_o_10_50_29_54af6e6fa5.png 500w, https://cms.dream.gov.ua/uploads/medium_Znimok_ekrana_2025_12_30_o_10_50_29_54af6e6fa5.png 750w, https://cms.dream.gov.ua/uploads/large_Znimok_ekrana_2025_12_30_o_10_50_29_54af6e6fa5.png 1000w" sizes="100vw" width="1000"> The “Community SPP” tab provides information on the most prioritized projects that have been evaluated and selected by the Investment Council for inclusion in the Single Project Pipeline. Users can explore project and program pipelines or use the filtering system to sort by sector, direction, purpose, project status, and more.<img alt="Знімок екрана 2025-12-30 о 10.50.19.png" src="https://cms.dream.gov.ua/uploads/Znimok_ekrana_2025_12_30_o_10_50_19_61a3fe7d1b.png" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Znimok_ekrana_2025_12_30_o_10_50_19_61a3fe7d1b.png 245w, https://cms.dream.gov.ua/uploads/small_Znimok_ekrana_2025_12_30_o_10_50_19_61a3fe7d1b.png 500w, https://cms.dream.gov.ua/uploads/medium_Znimok_ekrana_2025_12_30_o_10_50_19_61a3fe7d1b.png 750w, https://cms.dream.gov.ua/uploads/large_Znimok_ekrana_2025_12_30_o_10_50_19_61a3fe7d1b.png 1000w" sizes="100vw" width="1000"> The “Project Archive” tab includes information about recovery and development initiatives implemented by the community using the DREAM system before the introduction of the public investment management reform.<img src="https://cms.dream.gov.ua/uploads/Znimok_ekrana_2025_12_30_o_10_50_51_c051dd0062.png" alt="Знімок екрана 2025-12-30 о 10.50.51.png" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Znimok_ekrana_2025_12_30_o_10_50_51_c051dd0062.png 245w, https://cms.dream.gov.ua/uploads/small_Znimok_ekrana_2025_12_30_o_10_50_51_c051dd0062.png 500w, https://cms.dream.gov.ua/uploads/medium_Znimok_ekrana_2025_12_30_o_10_50_51_c051dd0062.png 750w, https://cms.dream.gov.ua/uploads/large_Znimok_ekrana_2025_12_30_o_10_50_51_c051dd0062.png 1000w" sizes="100vw" width="1000"> We encourage responsible community representatives to update their profiles and actively add information to make their investment profiles more comprehensive and attractive to potential partners and donors.Please note that the system’s functionality is being continuously updated. Investment profile data for regional administrations will be refreshed soon.The system is being implemented by the Ministry for Communities, Territories and Infrastructure Development of Ukraine together with the DREAM Project Office, supported by the Digitalisation for Growth, Integrity and Transparency Project (UK DIGIT) project, implemented by the Eurasia Foundation and funded by UK Dev. The implementation partner is the Open Contracting Partnership

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DREAM Update: Community Investment Profiles Refreshed

An international Peer Learning Workshop: Public Sector Staffing and Digitalization for Public Infrastructure Investment Results was held in Vienna, focusing on strengthening public sector capacity and digital solutions for Public Investment Management (PIM). The event brought together representatives of ministries, local governments, state-owned enterprises, and international institutions from across Europe, the Balkans, and Central Asia. The workshop was co-organized by the World Bank, the European Commission, the Austrian School of Government, the Federal Public Administration Academy, and the Vienna Development Knowledge Center. Discussions centered on how strengthening public sector competencies, digitalizing processes, and implementing institutional reforms can improve the preparation, selection, and delivery of public investments. The event was attended by Viktor Nestulia, Head of the DREAM Project Office, Head of Ukraine Support, OCP, who presented Ukraine’s approach to implementing the PIM reform and the DREAM digital ecosystem as its practical backbone. Why This Matters Effective Public Investment Management is increasingly seen not merely as a technical function, but as a combination of leadership, institutional capacity, and digital tools. Workshop participants discussed common challenges countries face when transitioning to a systemic PIM framework, including skills shortages, fragmented IT solutions, a lack of end-to-end processes, and limited analytical capacity to support decision-making. In this context, Ukraine’s experience stood out as an example of a comprehensive approach, where digital solutions do not operate in isolation but support the entire reform logic — from strategic planning to project implementation and monitoring. Ukraine’s Experience and the Role of DREAM During the workshop, the DREAM ecosystem was presented as the digital foundation of Ukraine’s public investment management reform. Participants were introduced to key elements of the system, including integrated project preparation workflows, transparent procedures, analytical tools, and the approach to developing a Medium-Term Plan of Priority Public Investments, sectoral pipelines, and the Single Project Pipeline. The Ukrainian case generated strong interest among participants. In their concluding discussions, representatives of participating countries expressed a desire to further explore the DREAM approach and consider it as a reference model for the development of their own PIM systems. Key Takeaways from the Workshop The main takeaways included:<ul><li>Human capital and institutional capacity are critical to successful PIM reform, alongside regulatory frameworks and IT solutions</li><li>Training and competency development must be systematic and continuous, rather than ad hoc</li><li>Digitalization, data integration, big data, and artificial intelligence are reshaping public investment management practices</li><li>The effectiveness of PIM should be assessed based on real outcomes, including adherence to timelines and budgets, infrastructure quality, and environmental and climate impact</li></ul>Special attention was given to economic appraisal tools, particularly the e-CBA solution developed by the World Bank to support decision-making in public investment. Outcomes and Next Steps Following the workshop, the Ukrainian delegation was invited to engage more actively with the World Bank’s international PIM community, which is working on transforming PIM functions across the region. Agreements were also reached on methodological cooperation, with a view to potentially integrating selected international tools and approaches into the DREAM ecosystem and Ukraine’s PIM methodology. Participation in the workshop confirmed that Ukraine’s PIM reform and the DREAM ecosystem are already recognized internationally and can serve as a practical reference for other countries undergoing public investment management reforms.

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Presenting Ukraine’s PIM Reform and DREAM to the International Community: Key Takeaways from the Vienna Workshop

The Government of Ukraine continues to implement the Public Investment Management (PIM) reform, aimed not only at ensuring a unified approach to the allocation of budget funds but also at creating conditions for sustainable and effective development of communities and regions based on sound strategic planning and prioritization. The digital foundation of the reform is the DREAM system — a “single window” for managing public investment projects and programs. All stages of implementation — from the formation of the medium-term plan, preparation, and appraisal, to the development of sectoral pipelines and the Single Project Pipeline (SPP) at national, regional, and local levels, as well as funding decisions, execution, and monitoring — are carried out through DREAM in a transparent and accountable manner. The Head of the Project Office shares his vision of the reform’s implementation, the future of the system, and the strength of the DREAM team. - Our mission is simple: we are transforming the public investment management system to improve the quality of life in Ukraine. Public investments, like public procurements, influence all sectors of the economy and society. Today, Ukraine is facing extremely challenging circumstances, and to some, working on reform may seem illogical. However, transforming the public investment system is especially crucial right now, given the enormous needs for recovery and development projects. Resources of the state and individual communities must be used transparently, accountably, and efficiently. In addition, we are already preparing to engage the funds of our international partners — including European funds — based on clear and understandable rules and conditions. A modern, transparent, and well-structured PIM system is a key prerequisite for attracting international funds to support Ukraine’s recovery and development. <img alt="DSC06957 (1).jpeg" src="https://cms.dream.gov.ua/uploads/DSC_06957_1_e5364155be.jpeg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_DSC_06957_1_e5364155be.jpeg 234w, https://cms.dream.gov.ua/uploads/small_DSC_06957_1_e5364155be.jpeg 500w, https://cms.dream.gov.ua/uploads/medium_DSC_06957_1_e5364155be.jpeg 750w, https://cms.dream.gov.ua/uploads/large_DSC_06957_1_e5364155be.jpeg 1000w" sizes="100vw" width="1000"> How do you see the development of DREAM over the next few years? What should remain unchanged, and what should evolve? - What must remain unchanged is DREAM’s people-centered approach — from process logic to our approaches in training, client service, and system interface design. Our slogan is “make the community fall in love with DREAM,” because first and foremost, we aim to create value for every community and its residents. <img alt="DSC05063.jpg" src="https://cms.dream.gov.ua/uploads/DSC_05063_8df35a7d4b.jpg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_DSC_05063_8df35a7d4b.jpg 234w, https://cms.dream.gov.ua/uploads/small_DSC_05063_8df35a7d4b.jpg 500w, https://cms.dream.gov.ua/uploads/medium_DSC_05063_8df35a7d4b.jpg 750w, https://cms.dream.gov.ua/uploads/large_DSC_05063_8df35a7d4b.jpg 1000w" sizes="100vw" width="1000"> There is still a lot of transformation ahead — many elements of the reform are not yet finalized or integrated into the system. We have a significant amount of work ahead in digitally transforming all stages of investment project implementation. We are also looking forward to deep integration with the Ministry of Finance’s budget systems — our teams are actively working on this now. We’re expanding our data analytics capabilities and building a robust risk management system. We are developing tools for citizen engagement through DREAM, along with many other features and services. And of course, artificial intelligence: developing and integrating large language models into PIM processes via DREAM is one of our priorities. <img alt="DSC05886.jpg" src="https://cms.dream.gov.ua/uploads/DSC_05886_17c9d0f77a.jpg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_DSC_05886_17c9d0f77a.jpg 234w, https://cms.dream.gov.ua/uploads/small_DSC_05886_17c9d0f77a.jpg 500w, https://cms.dream.gov.ua/uploads/medium_DSC_05886_17c9d0f77a.jpg 750w, https://cms.dream.gov.ua/uploads/large_DSC_05886_17c9d0f77a.jpg 1000w" sizes="100vw" width="1000">Does DREAM influence the culture of public investment management — not just the processes, but also the mindset of those in the system? - Our team has a manifesto — outlining what we aim for, why, and how. I’ll quote it as my answer to this question: “Together, we are building a new culture of interaction and thinking, where every action matters, every person makes an impact, and the future begins with the decisions we make today. We do this by rethinking approaches to public investment management and creating equal opportunities for every participant in the ecosystem. This helps shape and implement the vision of Ukraine — a country we are proud of, a country we want to return to and invest in.” <img alt="Copy of DSC05161 (1).jpg" src="https://cms.dream.gov.ua/uploads/Copy_of_DSC_05161_1_5ed99b13d9.jpg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_Copy_of_DSC_05161_1_5ed99b13d9.jpg 234w, https://cms.dream.gov.ua/uploads/small_Copy_of_DSC_05161_1_5ed99b13d9.jpg 500w, https://cms.dream.gov.ua/uploads/medium_Copy_of_DSC_05161_1_5ed99b13d9.jpg 750w, https://cms.dream.gov.ua/uploads/large_Copy_of_DSC_05161_1_5ed99b13d9.jpg 1000w" sizes="100vw" width="1000"> How can you tell that the reform is moving in the right direction? What signals indicate this to you? - It’s important to track progress and compare each reform cycle to the previous one. If we look back at 2024 — considering the rules for forming the first pilot EPP and the coverage of processes through DREAM — and compare it to where we are now, we’ve made a significant leap forward. We already have state-level SPs and SPPs in place. Over 600 communities are registering their SPIs in DREAM, and nearly 6,000 PIPs have been entered into the system using the new methodology. There’s strong demand for training and support — every day we unlock new opportunities and move forward. So overall, we are on the right track. But we must not become complacent, thinking “everything is already working perfectly” — many aspects, from regulatory support to implementation of specific DREAM functionalities, still have room for improvement. Our team, together with our partners, constantly gathers feedback from communities, regions, ministries, and international partners, analyzes data, and studies the real challenges people face — where theory “misses the mark,” and therefore the approach needs to be revised. It’s encouraging that all members of the broader reform team are willing to keep improving the process with every step. What matters most is not a snapshot evaluation, but continuous movement in the right direction. That’s how each cycle brings us closer to sustained improvement. <img alt="photo_2025-10-23 09.43.29.jpeg" src="https://cms.dream.gov.ua/uploads/photo_2025_10_23_09_43_29_137bd73688.jpeg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_photo_2025_10_23_09_43_29_137bd73688.jpeg 208w, https://cms.dream.gov.ua/uploads/small_photo_2025_10_23_09_43_29_137bd73688.jpeg 500w, https://cms.dream.gov.ua/uploads/medium_photo_2025_10_23_09_43_29_137bd73688.jpeg 750w, https://cms.dream.gov.ua/uploads/large_photo_2025_10_23_09_43_29_137bd73688.jpeg 1000w" sizes="100vw" width="1000"> What personally motivates you to work on such a large and complex project? &nbsp;- First of all, it’s the people. Starting with our team of DREAM believers who truly live this reform and are fully dedicated to its implementation. These are people who care deeply and genuinely believe in Ukraine’s future. And of course, the partners we work with — ministries, regions, communities, international partners, civil society organizations — all of them form one large PIM reform team. Today, that’s hundreds, maybe even thousands of like-minded individuals who contribute every day to these critical changes. Then, the vision of Ukraine’s future is embedded in our manifesto. This reform directly impacts the quality of life in Ukraine and helps gradually shift the paradigm we use when planning positive change at the local level. <img src="https://cms.dream.gov.ua/uploads/DSC_09675_f1de05c262.JPG" alt="DSC09675.JPG" srcset="https://cms.dream.gov.ua/uploads/thumbnail_DSC_09675_f1de05c262.JPG 234w, https://cms.dream.gov.ua/uploads/small_DSC_09675_f1de05c262.JPG 500w, https://cms.dream.gov.ua/uploads/medium_DSC_09675_f1de05c262.JPG 750w, https://cms.dream.gov.ua/uploads/large_DSC_09675_f1de05c262.JPG 1000w" sizes="100vw" width="1000"> And finally — the ambition of the PIM reform itself, as well as DREAM as its digital foundation. I genuinely believe that Ukraine’s success in this reform will inspire other countries, just as Prozorro and Diia once did. We haven’t seen this kind of comprehensive approach to managing public investments — with digital tools, broad stakeholder coordination, and engagement at every level — in any other country. That’s why we’re confident we’re not only contributing to building the future of Ukraine but also opening new opportunities for the world. “It always seems impossible until it’s done.” So we keep doing our work every day — until we can finally celebrate that “done.” :)

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Viktor NESTULIA: The Future Begins with the Decisions We Make Today

An additional 42 projects and 4 programs have been included in Ukraine’s national Single Project Pipeline (SPP), following approval by the Strategic Investment Council. The total value of the newly added initiatives exceeds UAH 1.1 trillion, distributed across the following sectors:<ul><li>Energy – 25 projects (UAH 660.06 billion)</li><li>Transport – 11 projects (UAH 387.8 billion)</li><li>Justice – 1 project (UAH 0.4 billion)</li><li>Municipal Infrastructure – 2 projects and 2 programs (UAH 76.8 billion)</li><li>Public Safety – 3 projects (UAH 2.5 billion)</li><li>Housing – 1 program (UAH 12.5 billion)</li><li>Education and Science – 1 program (UAH 6.0 billion)</li></ul>This brings the total number of investment projects planned for 2026 to 131, along with 64 public investment programs. All initiatives within the national SPP align with the priority areas outlined in Ukraine’s Medium-term plan. Full project and program details are available in the DREAM system: dream.gov.ua/ua/spp-pipeline and the analytics module: bi.dream.gov.ua/#/spp&nbsp; Earlier this year, in August, the first version of the national SPP was approved, comprising 89 projects and 60 programs. All projects and programs in the SPP are eligible for full or partial financing from the state budget in 2026. The SPP is developed at national, regional, and community levels via the DREAM system, ensuring transparency and accessibility for all stakeholders — including partner governments, international financial institutions, civil society, businesses, and the media — while opening new opportunities for investment and funding. The system is being implemented by the Ministry for Development of Communities and Territories of Ukraine together with the DREAM Project Office, supported by the “Digitalisation for Growth, Integrity, and Transparency” (UK DIGIT) project, implemented by the Eurasia Foundation and funded by UK Dev. The implementation partner is the Open Contracting Partnership.

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PIM Reform: Updated National Single Project Pipeline Now Available in DREAM

On October 9–10, over 40 representatives from 22 communities across Ukraine took part in a training session focused on the stages of community involvement in the Public Investment Management (PIM) reform process. The training program, developed by managers of the DREAM Academy, included lectures, interactive workshops, and peer learning. It covered the creation of conditions for the effective implementation of the PIM reform at the local level. <img alt="20251009_103917_8038_Khandusenko.jpg" src="https://cms.dream.gov.ua/uploads/20251009_103917_8038_Khandusenko_e28f9818f0.jpg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_20251009_103917_8038_Khandusenko_e28f9818f0.jpg 234w, https://cms.dream.gov.ua/uploads/small_20251009_103917_8038_Khandusenko_e28f9818f0.jpg 500w, https://cms.dream.gov.ua/uploads/medium_20251009_103917_8038_Khandusenko_e28f9818f0.jpg 750w, https://cms.dream.gov.ua/uploads/large_20251009_103917_8038_Khandusenko_e28f9818f0.jpg 1000w" sizes="100vw" width="1000"> Special attention was paid to the following steps in the reform’s implementation:<ul><li>Establishment of structural units and local investment councils</li><li>Development of the Medium-Term Plan of Priority Public Investments</li><li>Preparation of projects and programs based on the new methodology</li><li>Project evaluation</li><li>Formation of sectoral pipelines at the local level</li><li>Development of the Community Single Project Pipeline</li><li>Opportunities to participate in national-level program selections</li></ul>Participants had the chance to discuss real challenges they had already faced—particularly in the development of MIPs and project preparation—and received responses from representatives of the Ministry for Development of Communities and Territories and the Ministry of Finance. <img alt="20251009_110407_8073_Khandusenko.jpg" src="https://cms.dream.gov.ua/uploads/20251009_110407_8073_Khandusenko_a19d24baf7.jpg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_20251009_110407_8073_Khandusenko_a19d24baf7.jpg 234w, https://cms.dream.gov.ua/uploads/small_20251009_110407_8073_Khandusenko_a19d24baf7.jpg 500w, https://cms.dream.gov.ua/uploads/medium_20251009_110407_8073_Khandusenko_a19d24baf7.jpg 750w, https://cms.dream.gov.ua/uploads/large_20251009_110407_8073_Khandusenko_a19d24baf7.jpg 1000w" sizes="100vw" width="1000"> They also shared practical cases of working with the DREAM system and described how the Public Investment Management reform is being implemented on the ground. Experts from the DREAM Project Office not only proposed solutions to challenges raised by communities but also helped analyze those challenges, define directions for further work, and detail potential solutions. Working in small groups, participants deepened their practical knowledge of approaches to public investment management, clarified definitions, and explored the logic and structure of the planning and project preparation methodology. Inna Stets, Chief Operating Officer of the DREAM Project Office, briefed participants on the current status of the Public Investment Management reform and the transformation of the DREAM system’s functionality according to the stages of implementation: “The reform is already being implemented in communities, and at its core is the DREAM system. The reform establishes unified rules for everyone, while DREAM accumulates strategic goals and needs at all levels of public administration on one platform and structures the processes related to the reform’s implementation. Through digitalization, transparency and openness of management processes are ensured, making investment projects structured, assessed, and visible to key stakeholders. DREAM is a one-stop shop for project management, allowing initiators to communicate their needs and priorities and receive new opportunities to attract budgetary and international funding—and, in the future, gain access to EU structural funds,” said Inna Stets. <img alt="20251009_111706_8108_Khandusenko.jpg" src="https://cms.dream.gov.ua/uploads/20251009_111706_8108_Khandusenko_d39b7cb346.jpg" srcset="https://cms.dream.gov.ua/uploads/thumbnail_20251009_111706_8108_Khandusenko_d39b7cb346.jpg 234w, https://cms.dream.gov.ua/uploads/small_20251009_111706_8108_Khandusenko_d39b7cb346.jpg 500w, https://cms.dream.gov.ua/uploads/medium_20251009_111706_8108_Khandusenko_d39b7cb346.jpg 750w, https://cms.dream.gov.ua/uploads/large_20251009_111706_8108_Khandusenko_d39b7cb346.jpg 1000w" sizes="100vw" width="1000"> The training was initiated by the Ministry for Development, the DREAM Project Office, the Open Contracting Partnership, and the United Nations Development Programme (UNDP), with financial support from the Government of Japan. It is worth noting that the UNDP team has already provided comprehensive support to 30 territorial communities that participated in the event in developing or updating their development strategies. These strategies serve as the foundation for forming medium-term plans, which represent the first stage in implementing the PIM reform. “UNDP’s training programs aim to support and strengthen community capacity. A medium-term plan is not just a document—it’s a vision of where you’re heading and what you aspire to achieve. Systems like the Public Investment Management system and DREAM play a key role in medium-term planning and the formation of investment portfolios. Gaining knowledge and skills in using these systems helps bring community dreams to life. The transparency and accountability these systems provide increase citizens’ trust and promote better governance at all levels. They allow communities to attract funding from international financial institutions and use it more effectively to implement their investment projects,” said UNDP Program Manager Mizuho Yokoi. These training events are crucial for enhancing the capacity of local self-government bodies to effectively plan and structure investment projects, which is an essential prerequisite for attracting budget funding for investment initiatives and programs.

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How to Prepare High-Quality MIPs and Form Project Pipelines: A Training for Communities Held in Kyiv

Hrebeniuk Andrii

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biznes-plan індустріальний парк.docx

The project involves the construction of new engineering and transport infrastructure facilities in the area of Slobozhansky Avenue, Starozavodska Street, Building 21 and Starozavodska Street, Building 21D (Industrial District) in the city of Dnipro

Проект передбачає нове будівництво об&rsquo;єктів інженерно-транспортної інфраструктури в районі просп. Слобожанського, вул. Старозаводська, буд. 21 та вул. Старозаводська, буд. 21Д (Індустріальний район ) у м. Дніпрі

Creation of infrastructure of the Industrial Park "INNOVATION FORPOST" in the city of Dnipro

Створення інфраструктури Індустріального парку "INNOVATION FORPOST" в м. Дніпрі

Creation of industrial park infrastructure for metallurgical production

Створення інфраструктури індустріального парку для металургійного виробництва

the scale of the project, long implementation period, requires significant financial investments

масштабність проекту, тривалий строк реалізації, потребує значних фінансових інвестиції

creation of modern industrial, transport and logistics and market infrastructure. The implementation of this decision will ensure sustainable economic development of the city of Dnipro; increase in the well-being of city residents by creating favorable conditions for attracting domestic and foreign investments into the city's economy; introduction of modern technologies; increase in the city's competitiveness; increase in revenues to the budget of the Dnipro urban territorial community and the State Budget of Ukraine

створення сучасної промислової, транспортно-логістичної та ринкової інфраструктури. Реалізація цього рішення забезпечить сталий економічний розвиток міста Дніпра; зростання добробуту мешканців міста шляхом формування сприятливих умов для залучення внутрішніх та іноземних інвестицій в економіку міста; запровадження сучасних технологій; підвищення конкурентоспроможності міста; збільшення надходжень до бюджету Дніпровської міської територіальної громади та Державного бюджету України

requires significant financial investments and environmental impact on the external environment

потребує значних фінансових інвестиції та екологічний вплив на зовнішнє середовище

Main goal: operation of the INNOVATION FORPOST Industrial Park, creation of modern industrial, transport, logistics, and market infrastructure. The Industrial Park aims to: ensure sustainable economic development of the city of Dnipro; improving the well-being of the city's residents by creating favorable conditions for attracting domestic and foreign investment into the city's economy; introducing modern technologies; increasing the city's competitiveness; increasing revenues to the city budget of Dnipro and the state budget of Ukraine; creating a modern industrial, transport, logistics, and market infrastructure.
Specific project objectives: construction of engineering and road transport infrastructure networks for the INNOVATION FORPOST Industrial Park.
Project relevance: The city needs to revitalize old industrial areas, create new industrial industries, and generate new high-paying jobs.
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Основна мета: функціонування Індустріального парку &laquo;INNOVATION FORPOST&raquo;, створення сучасної промислової, транспортно-логістичної та ринкової інфраструктури. Робота Індустріального парку спрямована на: забезпечення сталого економічного розвитку міста Дніпра; зростання добробуту мешканців міста шляхом формування сприятливих умов для залучення внутрішніх та іноземних інвестицій в економіку міста; запровадження сучасних технологій; підвищення конкурентоспроможності міста; збільшення надходжень до міського бюджету м. Дніпра та Державного бюджету України, створення сучасної промислової, транспортно-логістичної та ринкової інфраструктури.
Конкретне завдання проєкту: будівництво інженерних та дорожньо-транспортних мереж інфраструктури Індустріального парку &laquo;INNOVATION FORPOST&raquo;.
Актуальність проєкту: Місто потребує ревіталізації старих промислових зон, створення нової промислової індустрії та нових високооплачуваних робочих місць.

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Creation of infrastructure of the Industrial Park "INNOVATION FORPOST" in the city of Dnipro

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