Press release -
Swedfund's Project Accelerator assists Ukraine in the procurement of 112-system
Swedfund will assist Ukraine in their ambition to establish and implement a 112-system. Today, Ukraine has different emergency numbers for police, rescue, and ambulance. Through the initiative, the country's citizens will have a better opportunity to get hold of the right actor more quickly when an incident has occurred. A 112 system can both save lives and save suffering.
- The rapid implementation of this project is a priority task of the Ministry of Internal Affairs of Ukraine. It will bring significant benefits to Ukraine in the coming years, especially based on the needs that exist after the Russian aggression against the country. We very much appreciate Swedfund's support for this project, says Ukraine's Deputy Interior Minister Igor Bondarenko.
Swedfund's Project Accelerator finances feasibility studies to support the development of bankable and sustainable projects in developing countries. It also includes efforts to increase local capacity among public institutions to procure and implement projects to advance and accelerate Agenda 2030.
The introduction of the emergency number service 112 in Ukraine will be supported by a modern technology platform based on European standards. The work in Ukraine is based on a feasibility study that was completed in December 2021. The feasibility study describes important aspects of a 112 system such as its technical specifications, economic consequences, level of integration for each rescue service. Swedfund's role has been to update and adapt existing data and plans, including the feasibility study previously done by others, to better match needs identified after the Russian invasion. In practice, this means that Swedfund has analyzed the needs that exist and how these can be traded up in the best way.
- The situation in Ukraine with an ongoing war, has increased the importance of a rapid implementation of a 112 system. It is a strong priority for us to assist with expertise to help ensure that a sustainable solution for Ukraine is implemented, says Swedfund's CEO Maria Håkansson.
The document was signed by the Director of the State Institutions and the Center for Infrastructure and Technology of the Ministry of Internal Affairs of Ukraine Oleksandr Yefimenko and the CEO of Swedfund International AB Maria Håkansson, and EFESO Consulting AB.
This item is included in the list of the main tasks of the sectoral program for the informatization of the system of the Ministry of Internal Affairs of Ukraine for 2021-2023 and approved by the government as one of the priority areas of digital transformation for the period up to 2023, in particular, the implementation of the system 112 became a commitment for Ukraine after the signing of the Association Agreement between Ukraine and the EU.
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About Swedfund
Swedfund is Sweden's development finance institution with the mission to contribute to poverty reduction through sustainable investments in developing countries. Our investments in the private sector contribute to a growing number of jobs offering decent working conditions and increases access to essential products and services like electricity and healthcare. Climate and gender are themes that permeates our investment process.
Swedfund invests in energy & climate, financial inclusion and increased access to capital for micro, small and medium-sized companies as well as healthcare and digitalization.
We are part of Swedish development corporation, and we measure and report all our results. As a state-owned company, Swedfund is managed by the Ministry of Finance. We are financed through reflows from the portfolio and capital injections from the development assistance budget. The return from the portfolio finances our operations and we reinvest reflows from our portfolio in new projects, i.e. we recycle our capital injections.
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