Business news from Ukraine

TRADE MINISTRY TO HOLD TALKS WITH LARGEST SOVEREIGN INVESTMENT FUNDS, PRIVATE EQUITY FUNDS IN 2016

13 January , 2016  

KYIV. Jan 13 (Interfax-Ukraine) – Ukraine’s Ministry of Economic Development and Trade plans in 2016 to hold talks with the largest sovereign investment funds and private equity funds to attract investment in the country, the press service of the ministry has said, with reference to minister Aivaras Abromavicius.

“My task for 2016 is to inform the largest and most influential investment funds about opportunities in Ukraine. Unfortunately, they know little about us, and the information they get at best is incomplete or entirely false. If we want to attract serious investment, it is necessary to significantly increase the level of international communications,” the minister said.

According to Abromavicius, during a trip to the United Arab Emirates he held talks with representatives of the three largest funds in the country, namely Abu Dhabi Investment Authority, Abu Dhabi Investment Council and Mubadala.

“These funds manage investment worth more than $1 trillion and invest in a variety of assets around the world – they know how to work in many regions with different risks,” the official said.