Ukrainian Prime Minister Denis Shmygal called on Canadian companies to invest in Ukraine now.
“Those who first invest in Ukraine will benefit the most in the future. Speaking at the “Rebuild Ukraine” business conference organized by Canada, called on Canadian companies to join in the reconstruction of our country already now. Ukraine’s civil and energy infrastructure continues to take blows from Russian terrorists. Pointed to the importance of assistance from Canadian businesses in providing critical needs of the state”, – wrote Shmygal in Telegram-channel.
Also priority areas of investment, according to the Prime Minister, are: security and defense industry, the agricultural sector, energy, IT and new infrastructure.
“We are negotiating with IFC and MIGA on insurance of military risks to intensify the attraction of investments. Sovereign bonds of 500 million Canadian dollars issued by the Canadian government will also be an important tool to strengthen Ukraine,” he added.
Some 18 Canadian companies and organizations, including the National Bank of Canada, Bombardier, Broccolini, KPMG and others, have teamed up to resettle 1,000 families of Ukrainian refugees in the near future, according to a press release from the music and media company Stingray (Montreal, Canada).
“As we watched the conflict unfold and witnessed the forced displacement of millions of Ukrainians, we could not stand by without doing our part. We are impressed by the quick response, active participation of businesses, and interest of all levels of government in making this initiative a reality. Together, we hope to welcome up to 1,000 Ukrainian families, starting in the coming weeks,” President, Co-Founder and CEO of Stingray Eric Boyko said.
“These companies have agreed to welcome up to 80 families each, ensuring that they are well looked after throughout the process. While responding to labor needs, these companies are offering newcomers work, access to lodging, and means of subsistence while preserving these families’ dignity throughout this challenging ordeal,” the report says.
CANADIAN COMPANIES, FUND, REFUGEES, SETTLEMENT, SUPPORT, UKRAINE
