Australian mining magnate Andrew Forrest has announced a US$500 million (AU$744 million) pledge towards rebuilding Ukraine as the war-torn country hopes to kick off its post-war economy.
Described by Forrest as Ukraine’s “Marshall Plan,” the Ukraine Green Growth Initiative is seeding investment into energy and communications infrastructure so that the country becomes a “model for the world as a leading digital green economy,” according to a media release.
“Our investment fund will help to step beyond the wirelines of the past and accelerate digital communications development,” Forrest said.
“Ukraine can enter a golden era. By business backing Ukraine, we’re sending a message to the world. I want every government to know that as soon as hostilities cease global business will be ready to help rebuild immediately….