Press Releases

Sevastopol again to meet investors

On September 6 – 7, 2012 Sevastopol will host the International Sevastopol Investment Forum (ISIF-2012) for a second time. Last year, the Forum gathered more than 400 participants and 40 investment projects were presented. The most ambitious of them was a national project entitled "Balaklava Green" for a year round resort (750 hectares, $1.2 billion.) "The International Sevastopol Investment Forum is a platform for dialogue between the public authorities and business, which is aimed at improving the investment climate, economic development and to increase the competitiveness of the region. Besides, the Forum is a unique opportunity for potential investors to familiarize themselves with all of the investment projects under one roof," says Elena Chekalina, the head of the investment and foreign economic activity department of the Sevastopol City State Administration. Within the framework of ISIF-2012, apart from the investment potential and general strategy for the development of the city, experts will also consider the prospects for the development of such areas as the energy sector, tourism, recreation and private-public partnerships. A distinctive feature of the Forum this year is the expansion of its geography. The focus of this event is global insight on the Black Sea Region of Ukraine. Investment opportunities will be presented not only for Sevastopol city but also projects of the Autonomous Republic of Crimea, Kherson, Odessa and Mykolaiv regions. Among the project areas are: • Ports and ship building; • Municipal and alternative energy sectors; • Recreation and tourism. Yacht marinas; • Industrial real estate; • Residential and commercial real estate. "We hope that more participants visit the Forum this year and the event will be rich with action that is interesting and really useful for everyone: both the regions and investors. We are working on it and aiming for constructive dialogue. We invite everyone concerned to assess our results, make remarks, express your wishes and, where needed, offer criticisms. We look forward to seeing our friends from the previous Forum and making new acquaintances this year," says Dmitry Kovalchouk, Head of Sevastopol Economic Development Agency. The organizers of the Forum are the investment and foreign economic activity department of Sevastopol City State Administration, the Sevastopol Economic Development Agency and the European Union project "Foreign Direct Investment Promotion in Sevastopol". Organizing Committee: Sevastopol City Council, NGO "Fund" Sevastopol", the Sevastopol Chamber of Commerce, the Sevastopol Regional Centre for Investment and Development and the Sevastopol Institute of Banking of the Ukrainian Academy of Banking of National Bank of Ukraine. General TV-partner: UBR channel, Communicational Partner: ESG. Venue: Sevastopol, Parkovaya str. 6. Sevastopol Institute of Banking of the Ukrainian Academy of Banking of the National Bank of Ukraine (SIBS UABS NBU). Detailed information can be found on the page of the Forum www.investsevastopol.com or by tel.: +380 (44) 221 2635. E-mail: info@investsevastopol.com . Also look for our official page on Facebook. The main news media-partner of the event is Interfax-Urkaine.

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