EBRD invests EUR 800 mln in Ukraine in 2017

16:25, 22.01.2018 1 min read

The European Bank for Reconstruction and Development (EBRD) in 2017 invested EUR 800 million in Ukraine, which is 37% more than a year ago, EBRD Director in Ukraine Sevki Acuner has said.

"This is a significant rise since 2016 and a strong start for 2018. We hope to reach the indicators of 2014 and 2015, when investments exceeded EUR 1 billion," he told Interfax-Ukraine.

According to the banker, the volume of investments in 2018 will depend on several reasons, including the privatization process.

"I think that in this context the law on privatization, passed in parliament last week, will allow attracting more large foreign investors," Acuner stressed.

Earlier, the EBRD director in Ukraine expressed opinion that the bank's investments in the implementation of Ukrainian projects in 2017 could reach EUR 1 billion.

As reported, in 2017 Ukraine became the third largest recipient of EBRD loans following Turkey, which received EUR 1.54 billion in loans, as well as Egypt with EUR 1.41 billion loans.