Kaskiv: Ukraine raises $5.3 billion of direct investment in 2011

2011-11-03 09:36:11

Ukraine this year has raised $5.3 billion in direct investment, while it planned to attract $7.5 billion, Chairman of the State Agency for Investment and National Projects Management (Ukrnatsproekt), Vladyslav Kaskiv, said at a government's meeting on Wednesday.

According to him, it is planned to raise $10 billion of investment in 2012.

"At least a quarter of investment projects should be national," said Kaskiv.

With reference to the State Statistics Service, the net increase in foreign direct investment in Ukraine in the first half of 2011 totaled $2.452 billion, which is 4.9 times up on 2010.

According to the service, in January-June 2011 foreign investors invested $2.788 billion in the Ukrainian economy, which is 56.4% up on last year.