The European Union develops for Ukraine a new investment attraction program, which is called Reform Contract for Investment, according to the article of European Commissioner for European Neighborhood Policy and Enlargement Negotiations Johannes Hahn, posted on European Truth’s website.
As part of a new EU’s external investment plan, this year, UAH 1.6 bln (50 mln euros) can be reserved for Ukraine, including for repaying lending by bank institutions, and, finally, for investing in the real sector of the economy.
“Throughout Ukraine, this amount does not seem to be very big. However, provided that it is reasonably used, it will allow attracting up to UAH 16 bln (500 mln euros) of private investments”, Khan notes.
The allocation of the first 50 mln euros for this year will happen only in case if before summer parliamentary vacations, Ukraine takes the following steps: independent regulation in energy and full-time operation of NEURC members, the approval of business ombudsman and cancellation of e-declaration for anticorruption activists.
