Tuesday, April 8, 2008

Foreign investment on rise in Ukraine

The dynamics of foreign investment in Ukraine has a growing tendency, and there is every ground to say that it will remain stable and further increasing, Economy Minister Bohdan Danylyshyn told a forum on Zhytomyr region investments in Kyiv Friday.

In the Minister's words, the total volume of direct investments in Ukraine grew from USD 94 to USD 630 per capita in the past seven years. Investment flows increase at the cost of economic potential of the regions that did not enjoy until recently any particular attention of broad business circles.

Thus, the volume of direct foreign investments in the economy of Zhytomyr region as of January this year reached USD 173.6 million. Last year's capital rise totaled USD 50.7 million or 41.3%. Over the period under review, investments came from 43 countries of the world.