Business news from Ukraine

IRANIAN COMPANIES INTERESTED IN BUILDING ELEVATORS, HANDLING COMPLEX IN SOUTHERN UKRAINE

23 July , 2015  

KYIV. July 23 (Interfax-Ukraine) – Iranian companies want to invest in the Ukrainian agro-industrial complex, specifically the construction of elevators and a handling complex in the south of the country, the Chamber of Commerce and Industry of Ukraine has reported on its website.

The chamber said that a delegation of leading Ukrainian companies will visit Iran on July 25-29.

On July 21, a meeting of an Iranian business delegation with the top managers of the chamber was held. Investment in the construction of elevator complexes and a handling complex in southern Ukraine was discussed.

“Iranian businesses are interested in holding exterritorial agriculture, leasing farmland to plant wheat, corn, barley and other crops in Ukraine,” the report said.

The project is intended to provide the Persian Gulf market with agricultural products. It is planned to create joint ventures with Ukrainian partners as part of cooperation.

“We need to use and expand infrastructure opportunities of our countries. The stirring up of Ukrainian-Iranian relations would allow for lifting international economic and financial sanctions from Iran,” the report said, citing Chamber President Hennadiy Chizhykov.