OREANDA-NEWS. On October 08, 2007 the Ukrainian Union of Industrialists and Entrepreneurs (ULIE) signed a memorandum of strategic cooperation with the Federation of Korean Industries, reported the Official website www.kmu.gov.ua.

According to ULIE First Vice President Serhiy Prokhorov, financial influxes by S Korea to the Ukrainian economy might reach billions of US dollars in the near future. According to him, Korean investors are interested in extracting, energy and building branches of the Ukrainian economy.

In its turn Ukraine is interested in the Korean construction business' participation in the development of the road infrastructure and transportation logistics within the framework of getting prepared to Euro-2012. According to Prokhorov, Korean businessmen show their interestedness to construction of 120-150 middle-class hotels and business centers near big airports.