Business news from Ukraine

Business news from Ukraine

CONSTRUCTION MINISTRY STUDYING POSSIBILITY OF UKRAINIAN COMPANIES ENTERING EGYPTIAN CONSTRUCTION MARKET

14 September , 2015  

KYIV. Sept 14 (Interfax-Ukraine) – The Regional Development, Construction, Housing and Utilities Economy Ministry of Ukraine is studying the possibility of Ukrainian construction companies entering the construction markets of Middle East countries, in particular, the Egyptian market.

First Deputy Head of the parliamentary committee for construction, town-planning and utilities Dmytro Andriyevsky announced the initiative on Thursday, referring to the results of a meeting with the top managers of the ministry.

“Firstly, the markets of the Middle East [are being studied]. There is serious progress for works in Egypt,” he said at a general meeting of members of the Constructors Confederation of Ukraine in Kyiv on Thursday.

He said that among the former Soviet republics, Azerbaijan, Kazakhstan and Turkmenistan are considered as top-priority and promising construction markets.

He called on companies that are members of the Confederation to more actively cooperate with the ministry regarding new markets.