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Ministry of Economy: Foreign investors show great interest in Ukraine

24 Mar, 2023
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Ministry of Economy: Foreign investors show great interest in Ukraine

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The plan for Ukraine's post-war recovery, the involvement of British business in this process, and the upcoming Ukraine Recovery Conference were discussed in London. These issues were raised at the Road to Ukraine Recovery Conference event, which had been opened by Deputy Minister of Economy of Ukraine Oleksandr Gryban.

"This event was a preparation for a major conference on the recovery of our country, which will be a logical continuation of last year's Lugano summit. It is scheduled for late June in London. We are now presenting our country and its potential to the British Government and the business we want to attract to Ukraine.

This time we discussed the issues of financing, war risk insurance, details of doing business in Ukraine and increasing the added value in the GDP structure through the creation of various industries in our country with the help of foreign portfolio investments. I was pleasantly surprised to see that investors have a great interest in Ukraine. We had a lot of questions from foreign businesses," said Oleksandr Gryban.

According to him, potential investors highly appreciate Ukraine's convenient logistical location, highly skilled and educated workforce, extensive transport and energy infrastructure, as well as a series of existing agreements on trade liberalization with leading countries.

The event was attended by British officials. Among the speakers were Nus Ghani, Minister of State at the Department for Business and Trade, Andrew Mitchell, Director General for Exports and UK Trade, and Rodney Berkeley, Director for Sustainability and Infrastructure at the Department for International Trade. The event was also attended by business representatives and entrepreneurs from various fields and industries.

"We expect that the Ukraine Recovery Conference itself, which we are now carefully preparing for together with our colleagues from the Foreign, Commonwealth and Development Office, and the Department for Business and Trade of the British Government, will be as pragmatic and practical as possible, and we hope for its great success. We need to ensure a transparent and highly practical dialog between government and business.

It is planned that this conference will be attended not only by representatives of the British government and business, but also by representatives of partner governments and investors from around the world," summarized Alexander Gryban.


The Odessa Journal

The Odessa Journal

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