During a working visit to the Republic of Turkey on November 29, the Prime Minister of Ukraine Denys Shmyhal held a roundtable with top Turkish companies with a total investment portfolio of $ 5 billion. The meeting was attended by Deputy Prime Minister - Minister of Strategic Industries Oleh Uruskyy, Minister of Infrastructure Vladyslav Kryklii, representatives of the Turkey-Ukraine Business Council within the Foreign Economic Relations Board of Turkey and others.
The participants of the roundtable discussed topical issues of doing business in Ukraine.
The Prime Minister stressed that despite the COVID-19 pandemic, Ukraine and Turkey are actively developing bilateral relations.
"As the President of Ukraine noted during his meeting with Turkish entrepreneurs almost a year ago, Ukraine and Turkey have a huge potential for cooperation and economic growth," said Denys Shmyhal.
According to the Head of Government, Ukraine has recently taken a number of concrete steps towards investors. "This is the liberalization of the agricultural land market, reform of the healthcare sector, the development of e-government, as well as the facilitation of conditions for doing business and investing, including the development of public-private partnership," stressed the Prime Minister.
Denys Shmyhal accentuated that Ukraine has ambitious plans for the construction and reconstruction of Ukrainian infrastructure: roads, bridges, energy and medical infrastructure, as well as infrastructure in the field of water supply and recycling.
"The tools that will enable us to develop these areas are public-private partnerships and state guarantees. We are currently working and have already made significant progress in the legislative plane towards promoting such instruments in Ukraine," said the Prime Minister.
The Prime Minister informed Turkish entrepreneurs that the most promising areas for investment in Ukraine are the agro-industrial complex, processing industry, energy, infrastructure, tourism, as well as those areas in which Ukraine demonstrates a competitive advantage, including IT sector.
"I assure you that the time has come for new, even larger success stories between our states. Ukraine has a wide range of proposals for investment and implementation of modern projects," emphasized Denys Shmyhal.
The Prime Minister also stressed that Ukraine and Turkey should not slow down their cooperation: "One of the significant steps aimed to promote the development of our bilateral relations should be the signing of a Free Trade Agreement".
Minister of Infrastructure of Ukraine Vladyslav Kryklii, for his part, told representatives of Turkish companies that a law on concessions had been adopted in Ukraine previous year, thus giving a positive signal to investors. He also called on those present to participate in concession tenders and privatization auctions in Ukraine.