Ukraine investment forum - Saturday, May 17, 2008

The Ministry of Economy of Ukraine will host within the framework of the 2008 EBRD Annual Meeting an investment forum "Ukraine: Investments. Infrastructure. EURO-2012" in Kyiv on Saturday May 17th, 2008. Government authorities, major international corporations and leading enterprises from the region will be represented at the event.

The Forum includes an exhibition about Ukraine where companies can learn more about key investment projects and investment potential.

The program includes the following topics:
Session 1. Ways to increase competitiveness of Ukraine
Session 2. Euro-2012: opportunities for private capital
Session 3. Dialogue with foreign investors
Session 4. Ukraine and world food market

The event will be an excellent opportunity for companies to establish direct contacts with representatives of the Ukrainian business community.

The event will take place at the October Palace from 14.00 to 17.30 and will be open to all registered participants who have a badge-code. For more information and on-line registration please visit the website of the Investment forum.

Olympic stadium tendering process

On the 7th of April, 2008, the Ministry of Family, Youth and Sport closed receipt of tenders for reconstruction of Kiev’s Olympic Stadium. 19 companies took part in the competition, based in Ukraine as well as in Austria, the UK, China, Germany and Taiwan.

Yulia Tymoshenko urged investors to participate

March 4, 2008 – Prime Minister Yulia Tymoshenko held a meeting with investors and construction firms concerning highways building, reconstruction of airports within the framework of preparation and holding a final tournament of football Euro-2012 in Ukraine, according to the government’s press-office.

Opening the meeting, Yulia Tymoshenko said that Ukraine must provide a modern infrastructure for Euro-2012. In particular, it is necessary to reconstruct 13 airports, build new terminals, large length of highways, railway branches, bridges, hotels etc. “In other words, the volume of work for those who want to work in Ukraine is practically immense,” the Head of Government said.

Therefore, according to Yulia Tymoshenko, Ukraine needs professional teams with experience and ability to work within the deadlines and with their investment funds.

Inasmuch as, the Prime Minister informed, by estimate for reconstruction of airports Ukraine needs 9,5 billion UAH, for building and reconstruction of highways - 37,5 billion. “It is clear that the Ukrainian budget will not be able to offer investors such money and relying that the state or local budgets will completely return these funds is absolutely impossible,” Yulia Tymoshenko said.

“That’s why we assembled here today to discuss how we should build our cooperation and make real investors come from all over the world to Ukraine for the construction of all these objects and we should not be isolated in certain lobbying opportunities of Ukraine,” the Head of Government added.

Yulia Tymoshenko expressed confidence in the establishment of “direct communication” between the Government and investors and open and equal opportunities for all investors. That is, first and foremost – transparent procedures, available for you and giving an opportunity to participate in all preparation processes for Euro-2012,” the Prime Minister underscored.