The opportunities for cooperation in agriculture, construction and energy sectors have been discussed by Ukrainian Prime Minister Volodymyr Groysman with Chinese Ambassador to Ukraine Du Wei. “Ukraine and China plan to double mutual goods flow to $10 billion and are mulling new opportunities or cooperation in agriculture, construction, first of all infrastructure facilities, energy and other areas,” the press service of the Cabinet of Ministers reported after a meeting of the prime minister with the ambassador.
Groysman said that the potential of relations between Ukraine and China is deepening every year, and more and more spheres of mutual interest appear.
At the meeting the Ukrainian prime minster thanked the Chinese diplomat for the successful completion of a project providing ambulances for Ukraine. He expressed hope that China International Import Expo 2018 will be successful. A Ukrainian delegation will take part in the exhibition.
Kyiv Investment Week, a series of business and technological events for investors, business angels, start-ups and entrepreneurs from all over Europe will be held in Kyiv from October 15 to 19, 2018. For five days, the capital of Ukraine will become the main European platform for communication of international and Ukrainian businesses and start-ups. In total, eight events will be attended by about 3,000 participants and 130 speakers from Europe, America and Asia. The objective of Kyiv Investment Week is to represent Ukraine to foreign investors and help participants establish new business contacts and strengthen partnerships.
Kyiv International Economic Forum (KIEF) will become the key event of the week. The fifth anniversary KIEF will be held on October 18-19, 2018 and will bring together world-class economists, famous businessmen, investors and visionaries from more than thirty countries. The leitmotif of the forum will be the future of the countries in the high-tech world. Participants in the KIEF are expected to discuss the strategies and tools of competitiveness, consequences of trade wars, investment attractiveness, as well as the introduction of modern technologies in industry, banking and agrarian spheres, etc.
“During Kyiv Investment Week, several promising business events aimed at increasing the investment attractiveness of Ukraine will be concentrated in Kyiv. This is also one of the main tasks of KIEF. To participate in the forum in Kyiv, numerous delegations of potential investors will arrive to familiarize themselves with the business opportunities of Ukraine. Thus, KIEF and Kyiv Investment Week will really influence the improvement of Ukraine’s reputation in the world,” comments Yuriy Pyvovarov, Head of the KIEF Organizing Committee.
Moreover, the Kyiv Investment Week program includes a one-day business tour for foreign investors around the key points of the Ukrainian start-up ecosystem (October 15, 2018); UNIT Investment Summit in the UNIT.City Innovation Park, which will unite investors, who manage more than $300 million, under one roof (October 16, 2018); the evening of the final presentations of the RadarTech PopCorp FinTech Accelerator (October 17, 2018); Kyiv Barcrowling Week, the week of discounts in the best creative bars and restaurants (October 15-18, 2018); CreativeMornings/Kyiv, the monthly breakfast-lecture for creative professionals (October 19, 2018) and Kyiv Silicon Drinkabout, the Friday’s networking party of the Kyiv high-tech community (October 19, 2018).
Kyiv International Economic Forum (KIEF) is a permanent platform for the formation of Ukraine’s economic development strategy. It is aimed at organizing a dialogue between experts, business and government, adopting the best international experience, creating a roadmap for development and facilitating the conversion of ideas into real actions. www.forumkyiv.org
Ukrainian President Petro Poroshenko has signed the law “On introducing changes to Article 5 of the law on Ukraine ‘On distribution of audiovisual products, audio recordings, video recordings, computer programs and databases.'” The bill strengthens existing ways to fight piracy and copyright violations. According to the president’s press service on Tuesday, the purpose of this law is to improve the process of marking with control stamps audiovisual works, audio/video recordings, computer programs, and databases. “Thanks to the increased transparency of the labeling process, right holders will be able to effectively control the process of issuing stamps and to counteract fraud and the unlawful use of these protective elements in a timely manner,” the press service said.
The president’s press service said implementation of the law will contribute to the creation of an additional mechanism to combat piracy and copyright violations.
As reported, on September 4, Ukraine’s Verkhovna Rada passed bill No. 4571, which introduces some changes in the procedure for issuing control stamps to audiovisual works, audio and video recordings, computer programs, and databases. According to the text of the bill, applications documents, including a list of named copies, must be submitted on paper and electronic media.
At the same time, the institution that deals with issuing control stamps, within three working days from the date of issue of such stamps, will publish on its official website a list of sample names of audiovisual works, audio/video recordings, computer programs and databases indicating the works recorded on these samples, as well as data on the applicant for which the decision was made to issue control stamps, as well as their quantity, series and control number.
The U.S. Department of Agriculture (USDA) in September improved its forecast for corn exports from Ukraine in the 2018/2019 marketing year (MY, July-June) by 500,000 tonnes compared with the August forecast, to 25 million tonnes. According to a report on the website of the U.S. department, the forecast for corn harvest for 2018 has been maintained at the level of 31 million tonnes.
The USDA also kept the forecast for wheat exports from Ukraine in the 2018/2019 MY at the level of 16.5 million tonnes with the yield standing at 25.5 million tonnes, which corresponds to the figures released in August.
In general, the U.S. agency downgraded its forecast for grain harvest in Ukraine by 400,000 tonnes, to 65.2 million tonnes, raised that for exports by 300,000 tonnes, to 45.96 million tonnes.
As reported, the Ministry of Agrarian Policy and Food of Ukraine predicts the increase in grain harvest in 2018 by 1.1 million tonnes compared to the previous year, to 63.1 million tonnes. Grain exports in the 2018/2019 marketing year are projected to be 42 million tonnes.
The system implementation of BIM (Building Information Modeling) in the construction industry of Ukraine could help reduce the cost of building and operating facilities by up to 33%, Olena Shuliak, a member of the board of the Better Regulation Delivery Office (BRDO), the co-owner of Midland Development Ukraine, has stated. “The use of BIM for design, construction and operation of industrial, infrastructural, civil construction objects has become a de facto mandatory practice in the developed countries. As international practice shows, the use of BIM allows optimizing construction terms by 20%, increasing control over expenses by 30% and more, reducing construction costs by 20%, and in some cases up to 33%,” the expert believes.
Shuliak explained BIM assumes the collection and complex processing during the design process of all architectural, design, technological, economic and other information about the building, when the building and everything related to it are considered as a single object.
According to her, BIM allows exporting design services of Ukrainian companies abroad, and in future the export of these services could grow by 1.5-2 times.
“Foreign investors entering or planning to work in the Ukrainian market are interested in a fast and high-quality project implementation with transparent control over all processes. BIM could become a serious competitive advantage for domestic
BIM, CONSTRUCTION, INDUSTRY, OPERATING FACILITIES, TECHNOLOGIES
Koen Group LLC (Kyiv) plans to build a trade and exhibition center worth $500 million near Kyiv in four years, head of the company Naum Koen has said at a press conference. According to him, the complex will be located on a plot of 105 hectares 13 km from Kyiv on the Odesa highway. The project includes a wholesale market with a parking lot for 10,000 cars, as well as a large exhibition center with three hotels. The start of the project is January 2019. It is planned to open the wholesale market in two years, while the implementation of the exhibition center will take another two years.
“We also plan to build a large concert hall for 7,000 seats. There will be three complexes – a trade one, exhibition and a concert hall,” he told Interfax-Ukraine. According to him, the investor in the project could be Cyrus Poonawalla, the head of Poonawalla Group vaccine manufacturer. “I am interested in this project, but I should study it better and then make a decision on investing,” the expert said.
Koen Group LLC was registered in 2016. According to the unified state register of legal entities and individual entrepreneurs, its owner is Naum Koen. The charter capital of the company is UAH 300 000 000,00.
