Euro 2012 Projects are the Main Part of Ukraine-China 4 Billion USD Investment Agreements
state visit of the President of
Republic of China
the infrastructure projects in
the focus of the investment agreements signed during the state visit.
The major investment projects include
railway road to Kyiv-Boryspil airport, the country’s main air gateway and
The construction of the high-speed railway connecting the main Ukrainian
airport to the rail station comes in a framework of the previously signed
agreement between China National Machinery Industry Complete Engineering
Corporation (CMCEC) and the authorities of Kyiv-Boryspil airport. Among other
Chinese investors are China Road Bridge Corporation and China Eximbank.
As the attention of many European countries towards
preparations for the
Ukrainian government is making additional efforts to attract foreign
investors. To improve the investment climate, the Ukrainian government has
approved new legislation and launched a campaign to curb corruption. During
the recent several months, a number of senior officials were arrested on
In July of this year, law on public-private partnership was adopted.
According to the law, foreign businesses, which are involved in
public-private partnerships in
investment and business activities and have additional guarantees protecting
After the financial crisis of 2008-2009,
also increase in industrial production, cargo turnover and construction. The
European Bank for Reconstruction and Development confirmed its forecast for
Inflation forecast for 2010 is 11.4% and 11% for 2011. Budget deficit will
decrease to 6% of the GDP in 2010, which is an improvement in comparison to
6.4% of the GDP in 2009.
SOURCE Press Office of the President of