Business news from Ukraine

OVER 20 REPRESENTATIVES OF CONSTRUCTION AND CONSUMER MARKETS GET TO NEW UKRAINIAN PARLIAMENT

More than 20 representatives of the construction and consumer markets, including Olena Shuliak, Vadym Strunevych, Hanna Lichman from the Servant of the People party, Vadym Stolar and Dmytro Isayenko from the Opposition Platform-For Life party, and also self-nominees Oleksandr Feldman and Leonid Klimov pass to the Verkhovna Rada.
The list of the Servant of the People party included the head of the construction sector, board member of the Better Regulation Delivery Office (BRDO) Olena Shuliak (under No. 13), head of Kyivproekt and Ukrinvestbud Development LLC Vadym Strunevych (No. 39). Ukrinvestbud Development jointly with Saga Development is implementing the project of the Einstein Concept House residential complex at 24a Zlatoustivska Street in Shevchenkivsky district of Kyiv.
The list of the party also includes the head of Biant development company (Kryvy Rih), the director of the enterprise for production of concrete Rastro LLC, Yuriy Kysil (No. 42).

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UKRAINE’S PRESIDENT DISCUSSES WITH CHINESE BUSINESS REPRESENTATIVES INVESTMENT POTENTIAL OF AROUND $10 BILLION

Ukraine’s President Volodymyr Zelensky has met with Chinese business representatives to discuss investment and the two sides made a preliminary list of joint projects with a potential investment of around $10 billion.
“The meeting attendees made a preliminary list of projects with an investment potential of around $10 billion, which Ukraine is planning to implement jointly with Chinese companies of private and public ownership. The projects will be coordinated by the national investment board led by the president,” the presidential press service said.
“We spend a lot of effort to attract investors to Ukraine. We are ready to protect investments. That requires a new parliament and government as well as our desire,” Zelensky told his guests.
He offered to discuss the potential investment in infrastructure development, agriculture and gas field development in Ukraine.
“One issue is to build a concession road around Kyiv,” Zelensky said.
For their part, representatives from a Chinese state corporation, which specializes in building military infrastructure, told about projects they could implement in Ukraine at their expense.
Representatives from a private Chinese company, which owns one of the world’s top 500 biggest banks, suggested a number of projects on infrastructure, agriculture, energy efficiency and financial services.

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IMF REPRESENTATIVES TO VISIT KYIV ON NOV 4-9

The International Monetary Fund (IMF) Resident Representative in Ukraine Goesta Ljungman has reported on the upcoming visit to Kyiv of experts of the fund to discuss the 2019 draft budget, the adoption of which is a condition for providing Ukraine with funding for the new stand by program. According to Ljungman, the experts will stay in Ukraine on November 4-9.

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