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KSE: International investments in Ukraine amounted to $1.7 billion over the course of two years

21 Mar, 2024
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KSE: International investments in Ukraine amounted to $1.7 billion over the course of two years

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Over the course of two years of the major war with Russia (2022-2023), the total volume of international investments in Ukraine reached $1.7 billion, with $1.2 billion invested in 2023 alone. This was announced by the head of the KSE Institute, Natalia Shapoval, during the Ukraine Business Compact (UBC) Workshop.

• 43 global companies invested in Ukraine during the full-scale invasion, including Bayer ($65 million), Carlsberg ($40 million), and CEMARK, a member of the CRH group ($30 million).

• Another 12 companies announced investments, including Baykar, the manufacturer of Bayraktar drones, which plans to invest $100 million in the construction of a plant, service center, and headquarters in Kyiv.

• In 2023, CRH, a leading global producer of building materials, signed a mandate letter with the EBRD regarding the joint acquisition of assets of the Italian company Buzzi in Ukraine.

• The most attractive sectors for investors are IT, defense, and agribusiness.

Currently, the Ministry of Economy has identified five key sectors with investment opportunities totaling $292 billion: energy, transportation and logistics, agriculture, "green" metallurgy, and critical materials.

These sectors make a significant contribution to Ukraine's economy, have global growth potential, and require the replacement of destroyed capacities.

In early 2024, the Turkish defense company Baykar began construction of a plant near Kyiv, where approximately 500 people will work. Completion of construction is expected to take about 12 months.

The Odessa Journal

The Odessa Journal

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