KYIV. Feb 10 (Interfax-Ukraine) – The owner and director general of TMM developing and construction firm Mykola Tolmachev seeks to invest in agricultural business projects.
“I have four business plans. I am ready to study two of them in the agricultural sector. I am interested in those things that no one is doing now,” he said in an interview with Interfax-Ukraine.
Tolmachev said that he is studying construction of a pectin plant and the launch of a powder milk production project.
“Some apples contain pectin. Its price is from $15 to $25 per kilogram. The project is ideal for Belarus, as they have the raw material base,” he said.
He said that the second project to produce powder milk should be implemented with the prospect of exporting it to China.
“The powder milk project should be realized for China. There is always demand in this country on it. The price is good – $2,000-3,000 per tonne. I think that they would be investors without any problems. We are making products no worse than European companies make,” he said.
Tolmachev said that the prospect for launching the two projects is three or five years. It suits the TMM development strategy to become an international company in the next five years.
At present, TMM as the general contractor is building an elevator in Vasylkiv (Kyiv region). Earlier the company finished construction of a bakery. TMM is cooperating in construction of infrastructure projects with Astarta, Ukrproduct and NCH.
“We have what to offer, as we are the full cycle company and can make almost everything, starting from examination and design. If the company is ready to give us a bank guarantee, we build their facilities using own money,” the owner of TMM said.
He said that Ukrainian agriculture is a promising direction for investment, as Ukraine could produce 120 million tonnes of grain, but it has large problems with infrastructure.
“This is a large market for the next 10 years: according to my estimates, agricultural producers are to invest or raise around $12 billion in grain storage and transportation infrastructure. New companies would come: it is enough work for everyone, as in other segments,” the businessman said.
He said that agriculture in Ukraine will be profit-making if the land market were launched.
TMM Firm is a developing and construction company of full cycle. It has been operating on the Ukrainian construction market since 1994.
