Last year Ukraine received by 41.8% less foreign investments than in 2005

12:48, 20 February 2007
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Investments fell due to the absence of large-scale privatizations

In 2006, foreign investment in Ukraine made up just $4.580.5 billion in 2006, the State Statistics Committee reported.

      This was 41.8% less than in 2005. According to the information of the committee, the foreign investments fell due to the absence of large-scale privatization such as the sale of the Kryvorizhstal steel works, which alone brought $4.8 billion in foreign investments into Ukraine in 2005.

      In particular, foreigners invested $4.581 billion ($0.202 billion from the CIS countries) in 2006 and withdrew $0.553 billion.

      Cumulative foreign investments were $21.186 billion as of January 1, 2007, and per capita was $454.6.

      The Economics Ministry forecasts foreign investments will grow $3 billion-$4 billion in 2007.

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