Direct flow of foreign investments to Ukraine in the first half of 2007 year grew coparing to the previous year to 50.3% and included more than 2.5 mlrd USD.

Such data was reported by State committee of statistics, and was written in "Kommersant-Ukraina". Thus in the second quarter, despite of political crisis, caused by the Verkhovna Rada dismissal, 1 945 mlrd USD was introduced to the country, that is in 612 mln USD more than in 1 quarter, as well as change of leaders in the investments has occurred.

In January-June of this year the inflow of direct investments to Ukraine included 3 276 mlrd USD. With the estimation of flow-out from the country in the quantity of 820.3 mln USD, overestimation of capital and course looses, clear inflow included 2 553 mlrd USD.

The most interesting fields for the investment in the 1 half of year was financial sector providing almost half of the whole increase in investments (in particular, owing to sale of of TAS-Commercebank, Electron Bank, Sea transport bank, bank "Prykarpattya" - 1 013 USD (727 mln USD in II quarter), building and operations with Ukrainian property for sale - 333 mln USD and 150 mln USD, respectively, as well as industry at all -820 mln USD.

Besides in the II quarter the volume of flow-out from Ukraine of the capital of non-residents was 284 mln USD (in the I quarter the investment flow-out included 535 mln USD, while for the whole 2006 it was 552 mln USD). Vice-head of President Secretariat head Alexandr Shlapak reported earlier that in 80% of flow-out cases the main part was provided by two companies working on problems of real estae sale in Dnepropetrovsk region.

If to look from the side of "countries" the inflow of investments from Cypress and Russia has increased greatly, at the time when the growth of investments from other countries left on the same level. The British Virgin Islands, regarding the off-shore status, were included into the ten of main countries-investors, according to the results of the II quarter demonstrated flow-out of capital -70 mln USD.

Experts consider that these numbers say about the decrease in the attractiveness of the British Virgin islands: now Ukrainian investment mainly will come from the Cypress, and Russian ones - from Russia.

"They look sideways at off-shore here, and the Cypress, hence it has liberal regime, is still a member of EU. It is very likely that investors - and this is Ukrainian and Russian business -started transferred capitals, invest to Ukraine, but already from Cypress" - is admitted by director of investment company Galt & Taggart Securities Sergey Lesik.

President of the Ukrainian association of financial analytics Yuri Prozorov proves that Russian businessmen prefer to hide the origin of their funds.

"At the former government the Russians tried to protect their investments through off-shores. Now they are sure in protection of their funds and try to highlight the presence of Russian capital in Ukraine" - is cited.

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