Denmark is going to allocate €75 million annually to Mykolaiv Oblast

Flags of Ukraine and Denmark at Pier 8 in Mykolaiv, photo by NikVesti

Denmark plans to move away from «quick projects» and invest €75 million annually in Mykolaiv region.

This was announced by Deputy Mayor Serhii Korenev, according to the article NikVesti «What will the restoration of Mykolaiv look like in 2025?».

Denmark remains the main international partner of Mykolaiv in 2025, said Koreniev.

«This year, perhaps, we should talk about Denmark, as it is our strategic partner. They plan to allocate the equivalent of 75 million euros to Mykolaiv region every year and emphasise that they are now moving from quick projects to those that are planned and aimed not just at purchasing equipment or transport, but at things that will change the approach to the management and functioning of the city,» he said.

The biggest focus of international partners' attention today, says the deputy mayor, is to support small and medium-sized businesses.

«This is quite noticeable in the attention of partners not only from Denmark, but also from the United States, Japan, and Sweden. And I think this will be the focus of attention in the next few years, as we need to develop the ability to independently support the city's operational activities,» explained Serhii Koreniev.