Zelensky: Ukraine must be “covered” by an avalanche of investments – both external and internal

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Photo by President's Office

This was stated by President Volodymyr Zelensky during his speech at the Ukrainian-Turkish business forum in Kyiv.

According to the head of state, the work undertaken by the two countries to create favorable conditions for business and investment was of great importance. And now, Ukraine is doing the “homework” that citizens and investors have been expecting for almost 20 years.

“Today, we are implementing unprecedented reforms as quickly as possible. We work 25 hours a day and 8 days a week. The elimination of administrative barriers, the expansion of the rights of business entities, the digitalization of state processes, the introduction of a transparent land market, the large-scale privatization and many other very important reforms are being implemented by us for the sole purpose: Ukraine should be “covered” by an avalanche of investments – both external and internal,” Zelensky noted.

The President also emphasized that Ukraine was currently demonstrating a positive trend of sustainable economic growth and macroeconomic stability, including an increase in GDP, a decrease in inflation, an increase in international reserves, an increase in the credit rating with a change of outlook to “stable” and “positive”.

“All these are eloquent signals to each, both current and potential, future investor that Ukraine is becoming a stable and clear market of potentially great opportunities. We are one of the few countries that allows us to earn such a high income on invested capital,” Zelensky assured.

The Head of State also added that a transparent land market was being introduced in Ukraine, which would make our country even more attractive for investment.

“Although foreigners will not be able to buy land, they will be able to invest in agricultural processing,” Zelensky said.

For his part, President of the Republic of Turkey Recep Tayyip Erdoğan said that Turkey considers the development of bilateral relations with Ukraine and the strengthening of trade and economic cooperation as matters of great importance. He also expressed confidence that the business forum would provide new opportunities for its participants.

As The Journalist reported, Zelensky calls on Omani businessmen to join large privatization in Ukraine.

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