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Investors' interest in Ukraine is based on the active position of the Ukrainian Government to come up with new possibilities for improving the environment for foreign investors. And the result of this effort is no sign of decline in foreign direct investment in the Ukrainian economy, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine informs.
Evgen Oliynykov, director of Department of the Ministry of Economic Development and Trade said during the roundtable "The investment needs of the economy of Ukraine," the total investment in Ukraine remains at the same level." As of Jan. 1, 2013, the Foreign Direct Investment (FDI) amounted to 54.4 billion USD, and as of Oct. 1 it amounted to 56.565 billion USD. However, in 2013, the foreign investment inflow is actually lower than during previous years," he said.
Experts primarily attribute a certain decrease in investments to the specific situation in the Eurozone, whose economy has only recently started to show signs of recovery.
The Cabinet is actively developing cooperation with foreign investors in three directions. According to Evgen Oliynykov, the Cabinet today relies on investors who are primarily interested in entering the adjacent markets through the Ukrainian market. In particular, the markets of the CIS countries, which are among the most attractive ones. This is proven by the volume of trade of the CIS countries, which grew by 4.6 times from 2000 to 2012, to 281.7 billion USD.
The second group are investors interested in Ukrainian resources. Among those companies Chevron and Shell, who will begin industrial shale gas production in the Ukrainian territory in the coming years.
And the third group are those investors who want to enter the domestic market and thus reduce their production and logistics costs.