JSC Ukrzaliznytsia (Kyiv) and China Railway Construction Corporation (CRCC), the largest state-owned construction company in China, have signed a memorandum of understanding and cooperation. According to the press service of the Ministry of Infrastructure, the memorandum was signed by head of Ukrzaliznytsia Yevhen Kravtsov and member of the board Remigiusz Paszkiewicz from Ukraine and the deputy director general of CRCC from China.
According to the report, the Minister of Infrastructure noted that the signing of the document is an important stage of cooperation for the development of railway connection in the direction of Ukraine-China, attracting Chinese partners to modernize the Ukrainian railways and realize the transit potential of the country on the European Union-China route.
“The fact that the Chinese corporation decided to open a representative office in Ukraine and sign a memorandum of strategic cooperation indicates that the economic situation in the country is changing, the investment climate is improving, the largest foreign technology and manufacturing giants are interested in working in the Ukrainian market,” the minister said.
According to him, the ministry expects to restart and intensify the participation of Ukraine in the project One Belt – One Road, which will make it possible to fully realize the transit potential of the country in the continental cargo turnover.
PJSC State Food and Grain Corporation of Ukraine in January-October 2019 exported 2.34 million tonnes of grain and sold 160,040 tonnes of flour and bran.
According to a report on its website, during the reporting period it shipped 751,200 tonnes of grain to the main partner, China’s National Corporation CCEC.
Corn ranked first in the commodity structure of grain exports by the corporation, its share in the total volume continued to grow in the reporting period, and reached 67%.
The main buyers of the corporation’s products were Austria, France, Portugal, the Netherlands, Italy, Egypt, Algeria, Tunisia, Bangladesh, China, and Venezuela. Deliveries to third countries are carried out through CCEC.
State Food and Grain Corporation of Ukraine was created by the government of Ukraine in August 2010. It includes an extensive network of branches: linear and port elevators, mills, feed mills and cereal plants. A total of 53 subdivisions can store 3.7 million tonnes of grain, including about 2.5 million tonnes per year of total capacity for transshipment of grains for exports in Odesa and Mykolaiv ports.
Nordic Environment Finance Corporation (NEFCO) since 2010 has implemented 243 municipal and private energy efficiency projects in Ukraine, and the total investment has reached EUR 226 million.
According to NEFCO Managing Director Trond Moe, in particular, 179 projects worth EUR 119 million were implemented in the municipal sector and 58 projects worth EUR 89 million in the private sector. In addition, six more projects were implemented with financial institutions for a total of EUR 18 million.
Moe said at a meeting with reporters on Thursday in Kyiv that the largest NEFCO office after its head office in Helsinki is located in the Ukrainian capital.
Ukraine is now the most important country for NEFCO. But in general, the corporation worked on projects in 80 countries, completing more than 1,300 projects. Last year, NEFCO implemented 124 new projects, most of them in Ukraine, he said.
All these projects, according to Moe, contribute to Ukraine achieving an increase in the share of renewable energy of integrated consumption, while reducing CO2 emissions.
By providing financing and sharing risks, NEFCO makes it possible for Northern European companies to invest in Ukraine and at the same time support Ukraine in the transition to clean and sustainable energy, the NEFCO managing director said.
The company plans to continue close cooperation with Ukraine regarding the implementation of energy efficiency projects and the reduction of CO2 emissions.
PJSC State Food and Grain Corporation of Ukraine in the 2017/2018 marketing year (MY, July-June) shipped more than one million tonnes of grain to China National Complete Engineering Corporation (CCEC), which is twofold more than for the previous MY.
According to a report on the website of the state corporation, the corporation through its main partner CCEC exports grain to Austria, France, Portugal, the Netherlands, Italy, Egypt, Algeria, Bangladesh, and Tunisia.
The government in August 2010 decided to create the State Food and Grain Corporation of Ukraine. The corporation has a chain of branches, comprised of grain storage facilities, flourmills, fodder factories and a cereals factory. The 53 subdivisions of the corporation can store a total of 3.75 million tonnes of grain, which includes the grain handling capacities of Odesa and Mykolaiv ports of some 2.5 million tonnes of grain cargo per year.