You're reading: Yushchenko praises foreign investors entering Ukraine’s market

Ukrainian President Viktor Yushchenko has invited foreign investors to come into Ukraine's market, describing it as one of the most modern markets in the world.

“Ukraine has one of the most modern markets not only in Europe, but
also among the world markets, that is virtually unexplored by
investors,” Yuschenko said at a meeting with representatives of the
Horizon Capital company in Kyiv on October 5.

In particular, Ukraine’s farming sector is still in need of investments, the president said.

“This sector has unique possibilities from the point of view of production and reprocessing,” he added.

The farming sector has been doing well in recent years, Yushchenko
said. He noted that Ukraine harvested 45 million tonnes of grain this
year, with Ukraine’s export target for this year being 20-22 million
tonnes.

Investments also need to be made in the Euro 2012 European Football
Championship, aircraft manufacturing and space exploration, the
Ukrainian president said.

While addressing the representatives of Horizon Capital, the
president said: “You are wise. In spite of everything, you have placed
your stakes in Ukraine’s potential.”

The Horizon Capital company manages direct investment funds and
handles investment in medium capitalization companies with high growth
and profitability potential in Ukraine, Moldova and Belarus. Horizon
Capital currently manages three funds with a combined capital of over
$600 million.