CMU Elaborates Investment Projects to Abate Financial Fallouts
OREANDA-NEWS. December 25, 2008. In order to minimize an impact of the global financial crisis on Ukraine’s economy the Cabinet of Ministers of Ukraine has elaborated a line of investment projects which call for first-turn attracting of investments.
“Under the world financial crisis it is of strategic importance to ensure drawing investments into the real sector of national economics,” commented upon the situation the Economics Minister of Ukraine Bohdan Danylyshyn.
According to the head of economic department, among the topmost investment projects are improvement of service quality of motor roads of national significance and communal property, building, reconstruction and repair of railways, building, reconstruction and re-equipping of hotels, building of training bases, designing, construction and reconstruction of airports, dormitories in the cities and adjoining territories.
Bohdan Danylyshyn views as significant such branches of Ukrainian economy as machine-building, light and woodworking industry, defence-industrial complex and others. First turn among investment measures appear infrastructure projects within Euro-2012 framework. These are in particular, reconstruction of NSC Olimpiysky in Kyiv, building of stadiums in Lviv and Donetsk, reconstruction of the Chornomorets stadium in Odesa and the Metallist sports complex in Kharkiv.
An great significance is applied on the part of the Cabinet of Ministers to improvement of medical infrastructure, information-telecommunication maintenance.
The Economics Minister considers energy supplies, housing and communal services, agro-industrial complex and fuel and energy sector also necessitate drawing investments.
“On realizing an importance to improve the investment climate in Ukraine the main issue for short-term prospect is advancement of necessary legal and organizational base to upgrade mechanisms of securing the investment climate and forming the basis of preserving and improving of competitiveness of the national economy,” the Economics Minister said.
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