Business news from Ukraine

Wasatch Group founder presented 6 new infrastructure projects to President of Ukraine

President of Ukraine Volodymyr Zelensky met in Kiev with American businessman and philanthropist, founder and CEO of real estate investment company Wasatch Group Dell Loy Hansen, who presented six new infrastructure projects for Ukraine.

In particular, as reported by the President’s press service, Loy Hansen presented to Zelensky the Phoenix initiative, which together with the state Ukrainian program “eVidnovlennya” restores damaged housing in Andriyivka, Moshchun and Makarov in Kyiv region.

It is noted that the first one hundred houses should be restored by December this year.

In addition, the businessman plans to  build  a full-cycle center for patients on the basis of the Kiev Center for Rehabilitation Medicine, as well as schools in ten communities in the Kiev region.

Zelensky and Hansen also discussed the projects already implemented by the businessman with the support of the Office of the President, Kyiv OVA and local communities.

Thus, the premises in Kolonshchyna and Sofiyska Borschagivka in Kyiv region have already been fully occupied. People who lost their homes as a result of Russian aggression live there. In addition, the first two phases of apartments for internally displaced persons in the village of Tarasovka have been put into operation. In Kolonshchyna another line of housing for older IDPs will be built.

The Head of State emphasized that Ukraine greatly appreciates people who have been helping our country since the first days of full-scale Russian aggression.

“Thank you for your support and for new projects for our people, for Ukrainian families. In particular, this is  the construction of  a new medical center, new schools for Ukrainian children and housing for displaced people,” the president said.

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American Wasatch Group will build 600 modular houses in Kyiv region

On Friday, June 30, Ukrainian President Vladimir Zelensky met with US businessman and philanthropist, founder and CEO of real estate investment company Wasatch Group Dell Loy Hansen, the press service of the President said.

As it was noted during the meeting, Wasatch Group in partnership with the charity organization To Ukraine With Love plans to build 600 fully furnished modular houses for people whose homes were destroyed in the war in Ukraine, in the Kyiv region in 2023-2024.

Hansen also presented to Zelensky the Hansen Township apartment complex project, the main idea of which is to create a large community for elderly people, war veterans, widows, orphans and people with disabilities. The project will include medical and emotional care centers, as well as physical therapy, art therapy and other needed services.

“This campus will be able to replace several family-type orphanages that were destroyed during the war. We know that more than 100 of these institutions were destroyed, and the issue of their restoration is taken up by the First Lady of Ukraine Elena Zelenskaya,” Hansen said.

He also told the President about the initiative to build homes for elderly people left homeless in several regions of Ukraine. A dental clinic, hairdressing and manicure services, a hot meal center and a movie theater will be provided for the needs of their residents on a free-of-charge basis.

Zelensky thanked Hansen for this idea and such important concern for the elderly. The parties also discussed the possibility of Wasatch Group’s participation in the construction of new, modern rehabilitation centers for war veterans, which the state will support in every way possible.

“I know that you are implementing very important projects to support our people. We really appreciate that you are investing in life, in helping people,” Zelensky emphasized.

For his part, Hansen said he admired the leadership of the Ukrainian president and the entire Ukrainian people in defending the values of freedom and democracy, and expressed his conviction that Ukraine’s support in this struggle must remain unwavering.