Business news from Ukraine

CHINA RAILWAY INTERNATIONAL GROUP READY TO INVEST IN QUICKLY IMPLEMENTED INFRASTRUCTURE PROJECTS IN KYIV

5 February , 2018  

Deputy Head of Kyiv City Administration Dmytro Davtyan has discussed the possible participation of China Railway International Group (CRIG) in the implementation of infrastructure projects in Kyiv with representatives of the company.
The press service of Kyiv City Administration reported that representatives of the Chinese company said that they are ready to invest large funds in the projects that could be implemented in Kyiv in coming years.
“Of course, the most interesting project is construction of subway and bridges, as they could be united and the attraction of investment and work at these sections could be optimized,” the press service said.
Davtyan expressed confidence that this cooperation could and should become a pivot for Kyiv’s authorities.
“Rational and promising cooperation is interesting for us. We look for the new projects being not only important for Kyiv residents, but they also should be smart. The attraction of industry-led companies would allow not only achieving this, but it would also help to enrich the sector from the intellectual and technological point of view. Most technologies used by Chinese companies are high-tech and advanced solutions. This is also a good opportunity to strengthen and expand the intellectual potential of Ukrainian specialists,” he said.