Business news from Ukraine

KLITSCHKO DISCUSSES ROLE OF CHINESE HAISUM ENGINEERING IN KYIV’S DEVELOPMENT

28 January , 2016  

KYIV. Jan 28 (Interfax-Ukraine) – Kyiv Mayor Vitali Klitschko together with his deputies in charge for the relevant issues has discussed the participation of China Haisum Engineering Co. in the development and construction of infrastructure projects in Kyiv.

“I am happy that investors are interested in projects in Ukraine, in particular, in Kyiv. Our task is to create the best conditions for investors, so that they have an opportunity to invest money and develop business in the Ukrainian capital. Kyiv has an enormous potential in terms of resources. We have many attractive investment projects and a large number of qualified professionals in various sectors. Despite the challenging economic environment, Kyiv has managed to attract UAH 1.7 billion, and we continue working with investors,” the press service of the Kyiv City Administration cited Klitschko on Wednesday.

The city major noted that the city was actually looking for investors to finance the construction and development of its infrastructure in order to finish the construction of the Podilsko-Voskresensky bridge, a subway line to Troyeschyna, and a large motorway orbital road, as well as to fund the construction of social objects, namely, kindergartens, schools, hospitals, and sports facilities.

Haisum Engineering’s Manager of International Business Department Gong Jun, in turn, said that his company was interested in cooperation with Ukrainian municipal authorities and participation in the construction of social objects of the city.

The parties have agreed that the next meeting to deliberate the details of the company’s participation in Kyiv’s construction projects will be held in April. “The Chinese partners will take this time to get acquainted with the projects which were presented by the city administration and the Kyiv investment agency,” the statement said.

Haisum Engineering is a state-run Chinese company with offices in South and South-East Asia, Europe, Middle East, and Latin America, the press-service of the Kyiv City Administration said. The company implements numerous projects in housing, utilities and infrastructure rehabilitation and modernization and can raise funds from the Chinese Investment Bank.