KYIV. Sept 28 (Interfax-Ukraine) – Some international investors have shown their interest in Ukraine but they expect the business sector to require further reforms, ICU Group (Kyiv) Managing Director Makar Paseniuk has said.
“There is interest in investing into Ukraine. At present, we’re holding talks with 10 private equity funds – it concerns over $1 billion. They are looking for investment opportunities in the country. There are also several strategic investors,” he said at the Odesa Financial Forum on Thursday.
Paseniuk said that the main problem the funds face is the absence of facilities for investment.
“Without an additional driver from the Ukrainian government we have few facilities for investment,” he said.
Paseniuk said that the real reloading of the economy is required to the launch investment process in Ukraine and a government strategy which foresees changes to the conditions and approaches to doing business is required.
In addition, he said that a government strategy on the creation of a transparent mechanism for liquidating assets in the banking system, and an effective law on bankruptcy, must be drawn up within three years.