16:50 15.04.2016

Poroshenko takes part in opening of Fujikura Automotive Ukraine Lviv

2 min read
Poroshenko takes part in opening of Fujikura Automotive Ukraine Lviv

Fujikura Automotive Ukraine Lviv that will produce automotive parts has been opened in Lviv region.

The president's press service reported that Poroshenko took part in the opening ceremony.

Ambassador Extraordinary and Plenipotentiary of Japan to Ukraine Shigeki Sumi and Vice President of Fujikura Automotive Europe Jorge Garcia also attended the ceremony.

"Let this event be a powerful signal for all potential investors willing to believe in our country," Poroshenko said, adding that 550 new jobs created by the enterprise were only the first stage.

According to the president, Japanese investments in Ukraine are not just the construction of bridges or Bortnychi sewage treatment plant as one of the biggest objects of environmental security in Ukraine. "We agreed to use Japanese experience in the management of port infrastructure for the increase of the transit potential of Ukraine. Modern Japanese energy technologies will provide an opportunity to modernize Ukrainian electric energy generating capacities for us to use the Ukrainian coal instead of importing Russian one," he said.

Poroshenko said that the country has to improve investment climate, ensure internal stability, peace, return Ukrainian sovereignty to the occupied Donbas, return Crimea and ensure unity of Ukrainians in order to increase the volume of investments in Ukraine.

Fujikura Automotive Ukraine Lviv LLC was founded in November 2013 by Japan's Fujikura Ltd. to implement an investment project in Ukraine on production of automotive parts.

Total foreign investment at the first stage reached UAH 87 million. This includes building an electric equipment sets complex with gross area of 7,000 square meters and an administrative building with gross area of 1,800 square meters. The industrial area will be expanded to 11,500 square meters in the coming two months and up to 3,000 people will be hired.

AD
AD
AD
AD