KYIV. July 9 (Interfax-Ukraine) – In 2014 and the first half of 2015, Kyiv authorities attracted UAH 1.5 billion in investment, Kyiv City State Administration’s press service reported on Thursday with reference to Kyiv Mayor Vitali Klitschko.
“If in 2013 the capital drew UAH 318 million in investment, investment in 2014 and the first half of 2015 hit UAH 1.5 billion,” Klitschko said.
He stressed that in order to improve the investment climate in Kyiv, the terms for the approval of investment projects had been shortened by five times.
“Today, all regulatory issues take no more than 90 days, whereas it was 1.5 years before,” he said.
He also said that potential investors are able to bid in public online tenders in Kyiv.
“This is a revolutionary step for Ukraine to real transparency, which leaves no room for corruption,” Klitschko said.
As reported, with reference to Deputy Director General of the Kyiv Investment Agency (KIA) Vitaliy Boiko, KIA had implemented investment projects worth about UAH 1 billion by the end of April 2015.
As of April 22, 2015, KIA had been developing about 70 investment projects worth about $1 billion, he said.
KYIV. July 9 (Interfax-Ukraine) – Ukrainian banks participating in the state program for partial compensation of the cost of loans for thermo modernization and measures to improve energy efficiency in the housing sector have since the beginning of its implementation in the past year, and as of July 6, 2015, issued 7,400 loans totaling more than UAH 130 million.
According to the State Agency on Energy Efficiency and Energy Saving, with reference to its head Serhiy Savchuk, out of the said volume from June 8 to July 6 loans worth UAH 60 million have been issued.
“The figure we have received this month shows that we are moving in the right direction,” he said.
He said that the total compensation for loans issued since the beginning of the implementation of the program by July 7, 2015 was UAH 8.7 million.
As reported, with reference to the agency, on June 22, 2015 Ukraine resumed compensation payments for loans to individuals for the purchase of boilers using alternative fuel, with UAH 6.3 million being allocated from the national budget for this policy.
BRUSSELS. July 9 (Interfax-Ukraine) – The European Commission (EC) has started the process of transferring EUR 600 million out of the third EUR1.8 billion macro-financial assistance package to Ukraine.
According to the press service of the European Commission, the money will be issued to Kyiv as a loan.
The funds will be provided on the basis of the memorandum of understanding and the loan agreement signed at the Eastern Partnership summit in Riga on May 22.
The third program of assistance to Ukraine will consist of three tranches, the last of which is expected in early 2016.
KYIV. July 8 (Interfax-Ukraine) — Kyiv Mayor Vitali Klitschko has invited French businessmen to develop their business in the Ukrainian capital, the mayor’s press service said.
“We’re doing our best to ensure that private investors come to Kyiv and develop a successful business, as these are jobs and taxes the city needs. Your presence here means further intention to work in Ukraine. There are good opportunities for investment today. The market is semi-vacant in many segments. Therefore I urge you to invest in Kyiv, as at the very moment it’s time to seize the opportunity,” Klitschko said at a meeting with French Minister of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad Matthias Fekl and a group of French businessmen who work in Ukraine.
Klitschko said that Kyiv is interested in projects for energy efficiency, transport, municipal infrastructure (construction of roads, highways, and bridges), the mayor’s press service reported.
According to Klitschko, the municipal authorities are also interested in the development of Ukrainian-French relations and deepening of cultural and economic ties.
Fekl in turn said that France is committed to further joint work with Germany in the Normandy format for the complete implementation of the Minsk ceasefire agreements.
He assured the Kyiv mayor that France supports Ukraine on its way of economic and political reforms.
KYIV. July 8 (Interfax-Ukraine) – A meeting of the joint Ukrainian-French intergovernmental commission for economic cooperation is scheduled to be held in Kyiv in April 2016, according to a post on the Cabinet of Ministers’ website.
An agreement to hold the meeting was reached during a meeting between its co-chairman, Ukrainian Deputy Prime Minister Hennadiy Zubko and French Minister of State for Foreign Trade, the Promotion of Tourism and French Nationals Abroad Matthias Fekl in Kyiv on Tuesday.
“Ukraine is striving to boost intersectoral cooperation and is ready to hold the seventh meeting of the joint Ukrainian-French intergovernmental commission for economic cooperation in Kyiv in April 2016,” Zubko said.
He said that Ukraine is interested in deeper economic and investment cooperation between Ukraine and France, not only in agriculture and transport sectors, but also in the energy sector, specifically energy efficiency.
KYIV. July 8 (Interfax-Ukraine) – PJSC Datagroup plans to attract foreign investment for further development, CEO Maksym Smelianets has said at a press conference.
“We want to attract investment. We should definitely do this,” he said.
However, he found it difficult to specify the amount of the planned investment.
“How much they will give. There is the war in the country, it is difficult to expect large investment in the industry now,” Datagroup Honorary President Oleksandr Danchenko said.
As reported, in 2010 the company attracted investment from Horizon Capital which received a blocking stake in the operator.
PJSC Datagroup was founded in 2000. The company is engaged in providing telephone services, data transmission services, Internet access, as well as telecommunication equipment sales.
