Business news from Ukraine


3 September , 2021  

The United States may provide Ukraine with a credit line totaling $4 billion for the period 2022-2030 to reform the system of public administration in the irrigation industry, as well as to attract investments in the renovation and modernization of irrigation infrastructure facilities.
The relevant information was published by deputy of the Verkhovna Rada from the European Solidarity faction Oleksiy Honcharenko on the Telegram channel, who presented a list of possible Ukrainian-American projects presented by President of Ukraine Volodymyr Zelensky during his working visit to the United States.
According to the deputy, Ukraine applied to the United States for a loan of $4 billion for the period 2022-2030 for the implementation of the project to restore the engineering infrastructure of irrigation systems and the development of irrigated agriculture in Ukraine, since the country’s financial capabilities do not allow it to independently implement this project.
As reported, on Thursday, Minister of Agricultural Policy and Food Roman Leshchenko said that large international agricultural companies Cargill and Lindsay had confirmed their desire to assist in the implementation of irrigation reform in Ukraine, since they see this project as a long-term strategic perspective. According to him, the ministry is negotiating with companies from Israel, the US, France and China regarding public-private cooperation in the reconstruction of irrigation systems in the southern regions of Ukraine.
In April 2021, the Cabinet of Ministers called on the restoration of irrigation systems for agricultural lands in the southern regions of the country by the end of this year.
The restoration of the reclamation industry has become a national project until 2024. In 2021, the Ministry of Agrarian Policy launches a pilot project to restore irrigation systems in Odesa, Kherson, Mykolaiv and Zaporizhia regions.