Economy Ministry considers FDI inflow of $5-6 bln realistic in 2020
The Ministry of Economic Development, Trade and Agriculture considers the influx of foreign direct investment (FDI) in 2020 at the level of $5-6 billion possible, Deputy Minister of Economics Serhiy Nikolaichuk has said.
"We already see the possibility of an inflow of FDI of $5-6 billion if those projects that are currently being negotiated are implemented," he said during the 18th CFO Forum in Kyiv.
The official also noted that he considers it realistic to implement an optimistic forecast for the development of the economy, which provides for a 4.8% GDP growth in 2020 compared with 3.7% in a conservative scenario.
At the same time, Serhiy Yahnych, the head of the investment business department at UkrSibbank BNP Paribas Group, noted that his assessment of FDI next year is $3-4 billion.
As reported, the Cabinet of Ministers in the government's action program set a goal to attract $50 billion of FDI over five years in order to achieve a real GDP growth of 40% over this period.
Advertising
Advertising
MORE ABOUT
Cabinet adopts decisions necessary for signing agreement with USA on minerals – Shmyhal
20:14, 26.02.2025
Govt allows repeated reservation of employees in real time from Jan 22 to March 1
18:58, 14.01.2025
Zelenskyy on govt replacements: Everyone in their position must deliver certain results during autumn
21:19, 05.09.2024
National Renewable Energy Action Plan requires $20 bln in investments – ministry
16:20, 13.08.2024
Zelenskyy announces personnel reshuffles at govt level
20:01, 01.08.2024
LATEST
Canada contributes CAD 70 mln to Ukraine Energy Support Fund – Energy Community
20:36, 14.03.2025
Ukraine's Stock Market Commission presents virtual asset taxation framework to finance committee of Ukraine's Parliament
20:33, 14.03.2025
Shmyhal, Austrian FM discuss aid to Ukraine, sanctions against Russia, economic cooperation between two countries
20:31, 14.03.2025
Some 30 projects within NEFCO Green Recovery Program for Ukraine completed
10:42, 14.03.2025
Third group of REDpreneurUA program launched: support and development of existing business in Ukraine – URCS