The European Union demonstrates a steadfast support for Ukraine’s political course and territorial integrity. And despite the current challenges facing the country, the German business is ready to invest in Ukraine. Vice Prime Minister/ Minister of Regional Development, Construction, Housing and Communal Services of Ukraine Hennadii Zubko stated at the Third German-Ukrainian Business Forum.
"We are talking about decentralization reform, which has drastically changed regional development. German investors can invest not only in infrastructure and agro-industrial complex but also in a huge energy efficiency market, which will contribute to the reduction of utility bills burden and gas consumption. It is very important at today's economic forum in Berlin to give a message on the state of affairs in Ukraine and the country's readiness to attract business investment," Hennadii Zubko emphasized.
The Vice Prime Minister stressed that today nearly 2,000 German enterprises operate in Ukraine. There is a huge demand for investment in infrastructure, in the agro-industrial sector for processing, and in road construction.
"Germany together with the European Union is actively involved in financial support of the Multi-Donor Fund, which will work in synergy with the Energy Efficiency Fund. The launch of the work of the Energy Efficiency Fund will have enormous economic effect- creation of 75 thousand additional jobs, 60% energy savings in the building, and 10 billion cubic meters of gas - reducing gas consumption. This will attract German business, project management with technology and we must make a revolutionary leap in energy efficiency reform. We estimate the investment potential of the energy efficiency market in Ukraine worth €50 billion euros," Hennadii Zubko said.