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Ukraine

Investment sphere provides the greatest prospects for economic partnership between Ukraine and Turkey – President

The Head of State emphasized that a number of Turkish companies had already taken advantage of the opportunities in our country.

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Investment is the most promising area of economic partnership between Ukraine and Turkey. This was emphasized by President Volodymyr Zelenskyy during the Ukrainian-Turkish business forum in Kyiv.

The Head of State emphasized that a number of Turkish companies had already taken advantage of the opportunities in our country.

“I am sure that the investment sphere provides the greatest prospects for economic partnership between Ukraine and Turkey today. It is not only about establishing joint ventures, but also about active participation of Turkish companies in the privatization process,” he said.

Volodymyr Zelenskyy stressed that further development of cooperation between the two countries would be facilitated by the signing of the Free Trade Agreement.

“This will give impetus in many areas: agriculture and food, housing construction, energy and energy efficiency, transport and tourism. We also have significant potential in engineering, production of transport and energy equipment,” the President said.

The President urged Turkish companies to invest in the Ukrainian economy right now. In particular, Volodymyr Zelenskyy invited Turkish business to participate in concession tenders in infrastructure modernization projects.

“One of our priorities is a large-scale modernization of infrastructure – roads, airports and seaports, launch of river transport. The first concession tenders of the seaports of Olbia and Kherson have already been launched. We are currently preparing new tenders for airports and seaports, as well as concession road projects,” the President said.

At the same time, Volodymyr Zelenskyy said that investments in the development of tourist infrastructure in the Kherson and Odesa regions were potentially attractive for both countries.

The Head of State also reminded that the authorities were initiating a number of innovations to improve the investment climate. These include, for example, five-year tax holidays, the Investment nanny project, the creation of international arbitration for investors.

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