Arbuzov: Agricultural sector can become leader in volumes of investments

Investment in Ukraine’s agricultural sector this year could reach nearly $3 billion, compared to over $800 million in 2012, Ukrainian first deputy Prime Minister Serhiy Arbuzov stated.

“Agriculture is currently one of the most attractive economic branches, both in Ukraine and in the world. Therefore, this year we are planning to attract up to $3 billion in investment in the agricultural sector,” the government’s press service said, citing Arbuzov, Interfax-Ukraine reports.

He said that if such funds were raised in agriculture, this sector would account for almost half of the foreign investment in the domestic economy.

Arbuzov said that not only European countries, but also Asian countries, in particularly China, would increase investment in the Ukrainian agricultural sector. He said that the interest of investors in the meat and dairy industry, horticulture and biofuel production was currently growing.