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President of Ukraine urges French entrepreneurs to invest in Ukraine

28 Jun, 2021
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President of Ukraine urges French entrepreneurs to invest in Ukraine

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Ukrainian President Volodymyr Zelensky has called on representatives of the French business association MEDEF, during an official visit to Ukraine, to participate in investment projects in the country.


The delegation of MEDEF association, which arrived in Ukraine, includes representatives of 20 large French companies from many sectors.

In particular, the president drew the attention of the visitors to the implementation of the Big Construction national programme. He invited French business to take part in the modernisation of the road infrastructure of Ukraine within the framework of public-private partnership projects.

Zelensky also proposed that Airbus, with which there is already a contract for the supply of helicopters, consider the possibility of participating in the implementation of a project to create a national Ukrainian air carrier and study the issue of a co-production in Ukraine.

French businessmen confirmed their interest in cooperation in the mentioned areas.

Today, France is the sixth largest investment in Ukraine. Not a bad indicator, we can be glad. But we understand that better and much more can be done.

Geoffroy Roux de Bézieux, President of MEDEF

Reportedly, some of the Ukrainian-French investment projects are already underway.

Among the large-scale investment projects, Zelensky also named railway communication, IT sphere, modernisation and management of ports, airports, construction of metro and underground tunnels, etc. At the same time, the Head of State offered the opportunity to localise productions in Ukraine.

A contract was signed with Alstom for the supply of 120 locomotives for the Ukrainian railway with partial localisation of production in Ukraine (in the amount of 35%).

Ukrainian Presidency, press service

In total, Ukraine and France have recently concluded intergovernmental agreements for more than EUR 1.3 billion.


The Odessa Journal

The Odessa Journal

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