The Investment Promotion Office (UkraineInvest) has signed a memorandum of understanding with Clear Energy Group LLC (Kyiv), operating in the field of bioenergy, on the implementation of a project for construction of a waste management complex at the site of the Dalnytski Quarries landfill (Odesa) with an investment of about EUR 30 million over three years.
“UkraineInvest provides organizational and advisory support to the investor in the preparation and implementation of the project, in accordance with the law on ‘investment nannies,'” the Office said in a statement.
According to a statement on the Clear Energy Group website, the project provides for creation of a sorting complex for up to 400,000 tonnes of municipal solid waste per year and a combined heat and power plant (CHPP) using RDF fuel with a capacity of 20 MW, generating 74,000 Gcal of thermal energy per year.
It is noted that the sorting line will reduce the amount of waste for disposal in the region by at least 30%, and the generated energy will substitute for 10.5 million cubic meters of natural gas during the heating season.
The report specifies that the thermal energy obtained by burning waste will be supplied at a lower tariff than in the case of burning natural gas.
The Office’s website notes that the project implementation involves creation of 85 new jobs.
Clear Energy Group says on its website that it is the leader in terms of generating electricity from biogas. Its “green” portfolio for production of electricity from biomass and biogas amounted to 21 MW by the end of 2020, and annual electricity production exceeds 91 million kWh. In addition, the portfolio of Clear Energy Group, according to the website, includes 15 projects for the degassing of solid waste landfills throughout the country, the key of which is Odesa-based Dalnytski Quarries landfill.
The company’s plans for the coming years include the launch of 250 MW of “green” capacities throughout Ukraine.
Prices for construction and assembly work in Ukraine increased by 17.5% in 2021 compared to 2020, the State Statistics Service reported. According to the Statistics Service, during the year, prices increased in all segments of construction: in residential construction, a growth was 12.4%, in non-residential construction – 15.9%, and in engineering – 21.9%.
In December 2021 versus December 2020, the cost of construction work in residential construction increased by 19.7%, in non-residential construction – by 21.4%, and in engineering – by 20.3%.
In addition, the State Statistics Service reported that in December 2021 compared to November 2021, the cost of construction of residential buildings increased by 1.7%, non-residential – by 1.2%, while the cost of construction of engineering structures decreased by 0.8%.
According to it, in 2020, prices for construction work in Ukraine increased by 3.7% compared to the previous year, while in 2019 – by 6%.
The figures are given without taking into account the annexed territory of Crimea and Sevastopol, as well as parts of the occupied territories of Donetsk and Luhansk regions, the State Statistics Service notes.
The Turkish state-owned Ziraat Bank (Ziraat Bankası) has discussed the possibility of entering the Ukrainian market by the bank with UkraineInvest, the Ukrainian government’s investment promotion office, UkraineInvest’s press service has reported.
“The UkraineInvest team met with representatives of Ziraat Bank of the Republic of Turkey, who are considering the possibility of the bank entering the Ukrainian market. During the meeting, the participants discussed the investment climate in Ukraine and further steps of organizational and advisory support from UkraineInvest for the investment intentions of Ziraat Bank,” the press service said.
Ziraat Bank is one of the largest banks in the Republic of Turkey, founded in 1863. The bank operates in 115 locations in 17 countries around the world. The main financial services of the bank are the issue of corporate and retail loans, foreign trade and investment financing, structured finance, international transfers and treasury operations.
Official rates of banking metals from national bank as of January 31
One troy ounce=31.10 grams
National bank of Ukraine’s official rates as of 31/01/22
Source: National Bank of Ukraine
On Monday, January 31, the President’s Office will host a meeting of the delegations of Ukraine and the Republic of Poland with the participation of representatives of a number of ministries and departments of the two countries, the press service of the President of Ukraine reports.
“The Polish delegation arrived in our state in fulfillment of the agreements reached during the visit of President of Ukraine Volodymyr Zelensky to the Republic of Poland on January 20-21, 2022,” the message says.
The Ukrainian delegation at the talks will be headed by Head of the President’s Office Andriy Yermak, the delegation of Poland – by Secretary of State of the Office of the President of the Republic of Poland, head of the Bureau for International Policy Jakub Kumoch.
In addition, the negotiations, in particular, will be attended by Minister of Infrastructure of Ukraine Oleksandr Kubrakov and Minister of Infrastructure of Poland Andrzej Adamczyk.
“During the meeting, topical issues of bilateral cooperation in the economy, energy and infrastructure will be discussed,” the President’s Office said.
