Business news from Ukraine

NATIONAL INVESTMENT COUNCIL HEAD WANTS TO GET QIA INTERESTED IN UKRAINE

12 December , 2016  

KYIV. Dec 12 (Interfax-Ukraine) – Head of the National Investment Council and former head of the Presidential Administration of Ukraine Borys Lozhkin wants to get the Qatar Investment Authority (QIA) interested in Ukraine’s potential in the energy, agriculture, aerospace and IT sectors.

“Today representatives of QIA have arrived to Kyiv under an invitation of the National Investment Council. We have prepared an eventful program: meetings with ministers of infrastructure, regional development, agriculture, head of the State Property Fund and representatives of business are scheduled. We would show to foreign investors that Ukraine has a huge potential from the point of view of the placement of capital, first of all in the energy, agriculture, aerospace and IT spheres,” Lozhkin wrote on his Facebook page on Thursday.

He said that QIA is a sovereign wealth fund founded by the government of Qatar in 2005. It manages capital of $492 billion.

“QIA works on the markets of many countries, and Europe is in the focus of the interest of Qatari investors. The fund holds shares in Empire Statе Building, Shell, Siemens, Volkswagen and Agricultural Bank of China,” Lozhkin said.

In turn, head of office of the National Investment Council Yulia Kovaliv said that this is a first visit of representatives of QIA to Ukraine.

“We will speak about privatization, potential public private partnership projects, development of energy effective technologies in Ukraine [by the way, we assess the investment potential of the energy effective technologies market for household consumers at near EUR 35 billion)… I will keep you informed,” Kovaliv wrote on her Facebook page.