The Republic of Korea is interested in investing in projects to restore Ukraine’s infrastructure, First Deputy Chairman of the Verkhovna Rada Oleksandr Kornienko said.
“We are talking to them about the restoration of infrastructure. They are interested in it … South Korea is a country that can invest a lot in Ukraine and do a lot in terms of our reconstruction,” Kornienko said during a national telethon.
The first deputy speaker of the Ukrainian parliament noted that South Korea is providing humanitarian aid to Ukraine, recalling the agreement to provide Ukraine with 20 high-powered generators.
Kornienko also said that members of the Ukrainian parliament’s delegation discussed with their colleagues from the Republic of Korea “how to build a safe world after our victory.”
The first vice-speaker of the Verkhovna Rada expressed the hope that the delegation of the South Korean parliament will come to visit Ukraine.
“We hope that they will respond to our invitation and come to Ukraine with an official visit and see for themselves how it all happens. And then – we already know examples when countries changed their point of view on arms supplies to Ukraine (the Republic of Korea does not supply arms to Ukraine – IFU),” Kornienko noted.
As it was reported, the first vice-speaker of the Verkhovna Rada heads the parliamentary delegation, which is on a visit to South Korea on November 24-26.
Ukrainian Prime Minister Denis Shmygal called on Canadian companies to invest in Ukraine now.
“Those who first invest in Ukraine will benefit the most in the future. Speaking at the “Rebuild Ukraine” business conference organized by Canada, called on Canadian companies to join in the reconstruction of our country already now. Ukraine’s civil and energy infrastructure continues to take blows from Russian terrorists. Pointed to the importance of assistance from Canadian businesses in providing critical needs of the state”, – wrote Shmygal in Telegram-channel.
Also priority areas of investment, according to the Prime Minister, are: security and defense industry, the agricultural sector, energy, IT and new infrastructure.
“We are negotiating with IFC and MIGA on insurance of military risks to intensify the attraction of investments. Sovereign bonds of 500 million Canadian dollars issued by the Canadian government will also be an important tool to strengthen Ukraine,” he added.
Australian billionaire Andrew Forrest will invest $500 million as an anchor investor in one of the green energy-focused investment funds now being formed by Black Rock to rebuild Ukraine, Deputy Head of the Presidential Office Rostislav Shurma said at the Kyiv International Economic Forum on Thursday.
“Now there should be the first anchors who will invest the first hundreds of millions of dollars and show by their real actions that they believe in Ukraine. There is an Australian multibillionaire, the second richest man in Australia, Andrew Forrest, founder of Fortescue, one of the largest mining companies in the world, one of the largest investors in hydrogen technology, has publicly committed to invest the first $500 million in one of the funds that Black Rock is now preparing,” Shurma said.
According to him, the size of the fund is still difficult to name exactly, but it is estimated between $25 billion and $100 billion.
The Norwegian government is preparing to invest about NOK 1.5 billion in the UK-led International Fund for Ukraine.
According to the Norwegian government’s website, the investment comes in addition to the NOK 400 million that Norway previously donated to the fund. The funding was used to purchase drones, drone suppression equipment and artillery shells.
The new donation is part of the NOK 3 billion that the Norwegian government will provide for military support to Ukraine in 2022.
Florian Bollen, the new manager of the Tarantino Family restaurant chain, announced his intention to invest in the reconstruction of the Zhytniy Rynok (Zhytniy Market).
A new tenant is working on a reconstruction project in cooperation with Kyiv City State Administration and Zhytniy Rynok municipal enterprise, he said in an interview with Focus.
“The general idea is to make a comfortable public space with a place for Ukrainian producers and farmers, with platforms for public and social initiatives, with quality food at the food court, with comfortable places for trade. A craft brewery will be a highlight. Also in the plans are a cheese factory, a bakery, a children’s zone,” Bollen said.
According to him, reconstruction work can begin next year. At the same time, the businessman did not name the amount of planned investments.
“It is difficult to predict the final estimate amid war. The exchange rate is unstable, the logistics of construction materials is complicated. But I would like to start construction work next year. German Kraft Beer has a good reputation in the financial environment, we have the opportunity to receive affordable loans from European banks,” he emphasized.
Bollen explained that the building is on a long-term lease based on the results of tenders held by Kyiv City State Administration through the ProZorro e-procurement system.
As reported, the Tarantino Family restaurant chain in October 2022 came under the control of Florian Bollen, a German businessman and co-owner of German Kraft Beer craft breweries.
INVEST, KYIV, RECONSTRUCTION, RESTAURANT, Tarantino Family, Zhytniy Rynok
Switzerland will invest in public and private projects to reduce greenhouse gas emissions in various fields of activity of Ukraine: infrastructure, construction, transport, energy.
The relevant agreements were reached between Minister of the Environment of Switzerland Simonetta Sommaruga and Minister of Environmental Protection of Ukraine Ruslan Strilets during the Ukraine Recovery Conference in Lugano (Switzerland).
“We have made the first practical step for Ukraine to introduce market mechanisms of the climate agreement, create new climate financing channels in Ukraine and incentives for green development for Ukrainian business… I am convinced that the agreement between our governments is a good start for the ‘green’ post-war reconstruction of Ukraine and the achievement of climate goals under the Paris Agreement,” the minister said on Facebook on Monday.
Strilets clarified that Ukraine had pledged to provide Switzerland with verified results of reducing carbon emissions into the atmosphere in return for the investments received.
