Ukraine seeks to participate in two projects in Egypt worth $200, $80 mln

16:46, 26.04.2018 1 min read

Ukraine seeks to take part in several projects in Egypt, in particular projects on modernization of a steel works and reconstruction of a coke-oven battery for a company, Ukraine's First Deputy Prime Minister, Minister for Economic Development and Trade Stepan Kubiv has said.

"Ukraine is ready to undertake several projects in Egypt. The first one is modernization of Helwan steel works worth some $200 million and reconstruction of a coke-oven battery for El Nasr for Coke & Chemicals worth some $80 million," Kubiv wrote on his Facebook page after a meeting with the minster for state-owned companies of Egypt who visited Ukraine with the purpose of attracting Ukrainian specialists to construction and modernization of Egyptian state-owned enterprises.

Kubiv also said that last year goods flow between Ukraine and Egypt reached almost $2 billion, and trade with services grew by 62% in 2017 compared with 2016.