Ukraine has climbed by four positions in the World Bank's Doing Business 2018 ranking due to easier rules for construction permits, better safeguards for minority investors ensured by the publication of information on deals with related parties, as well as due to a reduction in a single social security tax rate, according to the rating's website.
Investors from Singapore and the United States plan to invest about US$300 million in the construction of two vegetable oil extraction plants, a grain terminal, and transshipment facilities in Odesa region's Lyman district, according to Odesa Regional State Administration.
During a working visit to the city of Kolomyya in Ivano-Frankivsk region, President Petro Poroshenko took part in the opening of a new facility of Germany's LEONI group of companies that will produce cable systems for the automotive industry on September 29, according to the presidential press service.
In the course of the working visit to the United States, President of Ukraine Petro Poroshenko has met with representatives of leading American businesses, noting U.S. companies are reliable partners of Ukrainian businesses overseas and welcome in Ukraine as potential investors, the presidential press service reports.
Ukrainian President Petro Poroshenko says privatization in Ukraine will attract foreign investors and effective owners, which will accelerate the country's economic growth and reduce corruption in the public sector, according to his Twitter account, referring to the president's speech at a meeting of the National Reforms Council.
Ukrainian Finance Minister Oleksandr Danyliuk says the Ukrainian delegation has set off for meetings with foreign investors to prepare the issue of dollar-denominated Eurobonds.
Ukraine is one of the most attractive countries for potential investments among the fund managers investing in EMEA countries (the countries of Europe, the Middle East and Africa), according to the Institutional Investor edition.