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Investment into Ukraine - 2008

Ukraine needs 10 trillion of Euro in investment during next 60 years, while the Crimea alone has to receive 300 billion of Eurp, say experts at the held forums in Yalta, DES 2008.

These figures were made social at an international forum on cooperation, development and commerce, Yalta Forum, in winter 2008, which took place in Yalta on February 27 through 29, Thierry J. Cipiere, the president of forum organizer - Swiss Group (Switzerland), said at a press release at Interfax-Ukraine on Wednesday.

"There are two ways: the first is to raise 1 billion of Euro every year, and it will take a millennium. The second way needs some other new strategy," he reported.

Denis Bohush of another organizer Bohush Communications (Ukraine), added that today, Ukraine raises approximately $8 billion in foreign direct investment every year, and Russian investment alone is estimated for a third of the sum.

Those who took part in the forum elaborated strategic programs for raising investments and ensuring their security in the situation when the country has a negative investment rating TSARR Cooperative system - Ukraine and TSARR Cooperative system - Crimea.

The President of the Ukrainian Agency for Institutional Development Larisa Tataryntseva mentioned at the press release that the programs are based on the mechanisms successfully implemented in some European countries, including in Hungary, the Czech Republic, and Slovakia.

She noted the programs outline 10 major directions for Ukraine's development: public reforms, an improvement in the standards of Ukrainian real estate and the creation of corresponding infrastructure, economic growth, raising finance and investment and ensuring their protection, the provision of communications between the state and the investor, amendments to legislation, the pursuit of reforms, the development of financial reserves and resources, as well as the formation of a strategic vision of the country's development for a period of at least 60 years.



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