IDG works in the area of innovation and digitalization to assist counterparts in the rapid development and adoption of digital technology. Digital technology is transforming how people worldwide access information, goods, and services. As a result, digital technology is supporting economic growth and improving development outcomes. IDG supports this area by:
CBEE-R aims to bolster digitalization efforts and e-government initiatives to align with international best practices to strengthen the government’s ability to implement business environment reforms. This will facilitate and support the private sector and citizens in utilizing these services.
The Ukraine State-Owned Enterprises Reform Rapid Response Activity (SOERR) provided professional support to state owned enterprises and reform efforts, including support for reforms within the real estate sector. A key accomplishment was the privatization of the Dnipro Hotel, which exceeded expectations at auction, with four bids over 1 billion Ukrainian Hryvnia. The hotel ultimately sold for 1.111 billion UAH (approximately US$41 million) to a Ukrainian bidder. We also assisted Ukrainian authorities in procuring Automated Valuation Model software for assessing property values, enhancing the accuracy of real estate valuations and facilitating effective resource mobilization.
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