83 new plants opened in Ukraine in 2018

Source : 112 Ukraine

Ukrainian leader assured the international community in Davos that reforms, which increase the investments and confidence in state, are held in Ukraine
14:41, 24 January 2019

Presidential Administration press office

83 new plants were opened in Ukraine in 2018 with the support of the investors. 238 enterprises were built during the last four years, as the presidential press service reported citing the speech of President Poroshenko in Davos.

Ukrainian leader emphasized that the reforms, which increase the investments and confidence in the state, are held in Ukraine. He reminded that the Free Trade Area agreement was signed with Canada this year, and the Free Trade Area agreement with Israel was signed a few days ago.

Related: Creating favorable investment climate is main task of Ukraine in 2019

"We believe in the open world. We believe in the need to remove barriers in international trade. We believe in the importance of improving the investment climate in Ukraine," he said and reminded that Ukraine fulfills the memorandums with the International Monetary Fund.

"We are the only government that has fulfilled 6 memorandums of cooperation with international financial organizations. This has never happened in Ukraine. Why? Because we keep our word. We are very determined in reforms, and the reforms bring important results," Poroshenko emphasized.

Related: Russia becomes investment leader in Ukraine in 2018, - Statistics Service

He noted that it was possible to provide the economic growth at the level of 3,4%, while inflation was lower than 10% in comparison with 45% in 2015, and the budget deficit was less than 2%.

"2014 year was difficult. Not only for me as the President of the country, which is in a state of war. It was also difficult for you. It was difficult for President Chakrabarti (President of the European Bank for Reconstruction and Development, Suma Chakrabarti - ed.) to believe in Ukraine and leave the investment position open. It was difficult for Lakshmi Mittal (CEO of ArcelorMittal - ed.) to make an important decision on a billion dollars investment to improve technology, to improve the ecological situation," Petro Poroshenko said.

Related: Strike shutters Ukraine's greatest steel plant ArcelorMittal Kryvyi Rih

As we reported managing director of the International Monetary Fund Christine Lagarde noted the leadership of the president of Ukraine Petro Poroshenko in conducting reforms in Ukraine and expressed sureness in successful implementation of the whole program of cooperation during 2019.

Related: Canada’s investment to Ukraine is growing, - Chamber of Commerce

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