«The potential of Ukrainian economy has unique perspective for foreign investors even under the crisis and turmoil conditions», – Vitaliy Antonov

Vitaliy Antonov, the Chief Executive Officer of Concern Galnaftogaz, appeared with a lecture at Second annual Ukrainian-Arabic conference «Investment opportunities in Ukraine», which took place on the 14th-16th of October, in Kyiv. The conference took place under the auspices of the Verkhovna Rada of Ukraine Committee on Taxation and Customs Policy, Embassy of Kuwait in Ukraine and with the technical assistance of the UDC Holding.

Participants of the affair discussed possibilities of cooperation with investors from the Arab world countries, the perspective of investment projects in Ukraine, specifics of Islamic banking system and financial products. General recovery of Ukrainian market and Ukrainian economy perspectiveness for foreign investors were also marked at the conference.

«As an active investor, I want to mention that Ukrainian economy potential even under the crisis conditions and market instability has unique perspective for foreign investors, – Vitaliy Antonov pointed in the speech. – Variety of essential industries and economic sectors are looking for modernization and reforms today. Ukraine has all conditions and competitive edges concerning development of such key economic sectors as: oil and gas market, pharmaceutical market, technologies, agri-industrial and tourist sectors. Concerning construction market, I consider that principal movers of this industry will be the renewal of crediting both corporate sector and sole proprietors on the one hand, and an active support of the programs providing people with housing by the authorities on the other. The rapid increase of Ukrainian economy, which had been observed after the Orange revolution, showed how viable and enduring the national economy could be, despite rising prices on energy carriers and political turmoil».

During the conference it was reported, that the UDC Holding, which enters Universal investment group holding, negotiates about attracting investments for construction of European standard branch railway line (1435 mm) 86 km in length from L'viv to the Polish border.