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Ukraine becomes a "tasty pie" for foreign investors!

Last several years showed an extremely high increase in investments to Ukraine. The signing of the agreement as for the mutual access to the products and service market with Western countries actually provided Ukraine’s membership in the WTO (World Trade Organization) that will definitely increase the investment attractiveness of the country. Earlier existing limitations in the sphere of loan resources, investments and export of goods and services are cancelled now. In 2006-2007 it will result in increasing of export for 2.2 mlrd USD and growth in a number of foreign investments for 1.2 mlrd USD.

 According to the statistic results during 2005 direct foreign investments increased to 7.3 mlrd USD and concluded 16375, 22 mln USD to January, 1, 2006. This is the record sum of investments during previous seven years and all the history of the Ukrainian independence. Ukraine becomes a “tasty investment pie” among other European countries.

 The growth of investment is observed in a building area, light, heavy and food industry, and of course in the Ukrainian property area. Investment to the Ukrainian property is one of the leading branches of the investments in Ukraine for today. Property nowadays is one of the fields that bring quick money to the investors. Hence it is not such an easy process but people who desire to make investments to the Ukrainian property come from all the corners of the world - and mainly from Europe. Many of them prepare to stand firmly on the Ukrainian land.

 Probably for some of them the conference “Time to Invest” that was held in the middle of September, 2006 in Kiev will be the start point. According to the words of director of the “Ukrainian trade guild” Vitaly Boyko, a good financial push is necessary for the development of the Ukrainian property. That is why we must hope that the third step of the development insertion will end in large financial impacts to the market of the Ukrainian property and we will reach the level of the European countries in the question of trading and office areas. To his mind today the Ukrainian developer’s attitude to his business is a little bit different, as he understands that in any case foreign investors are going to overcome the administrative barriers and come into the Ukrainian market.

 Thankfully to success of two previous conferences “Time to Invest”, the Ukrainian property market became an object of increased attention from the side of the leading European and worldwide companies. And this indeed makes it more attractive for new investors.



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