Photo from UNIAN
Ukraine should attract at least US$50 billion in investment in the coming years, according to the minister.
Ukrainian Minister of Economic Development, Trade and Agriculture Tymofiy Mylovanov has said the strategy of the Cabinet of Ministers to ensure economic growth of Ukraine in the coming years is based on attracting investments.
"This is investing in people, investing in the land market, investing in the capital market, creating a capital market, investing in technology," he said during the presentation of the government's strategy for economic growth of Ukraine.
According to the minister, Ukraine should attract at least US$50 billion in investment in the coming years.
Mylovanov said the government intended to scale the positive experience in attracting investment, which had been gained in the agricultural sector and the IT sector.
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As UNIAN reported earlier, the Cabinet of Ministers set the task of ensuring a 40% increase in GDP in the next five years.
At the same time, Mylovanov said Ukraine should not only attract billions of foreign investments for economic success in the next five years, but also at least double its domestic investment. According to him, the task of attracting US$50 billion of investments in the next five years will not only ensure economic growth of 40%, but also reduce the average depreciation of fixed assets to 48% from 60%.