Direct foreign investments in Ukraine this year, according to a forecast made by analysts of Forex Club in Ukraine, will be approximately at the previous year level and will make up USD 4.67 billion (in 2009 - USD 4.65 billion).

Next year, a substantial inflow of investments should not be expected in Ukraine. The volume can grow by 15.7% tо USD 5.4 billion.

As Head of the Information-Analytical Center Mykola Ivchenko told a press conference, over 10 months, an inflow of direct foreign investments amounted to USD 4.055 billion, out of these 34% (USD 1.38billion) fell on the banking sector, mainly for raising statutory capital of banks. Parent companies have additionally capitalized their daughter banks on the NBU requirement. The IMF was the main accelerator of this process requiring from the NBU to toughen requirements to banks' capital adequacy.

In the real sector of the economy, the funds went to trade, metallurgical, construction and chemical sectors. A part of investments went to the economy through banks in the form of credits.

Cyprus is a leader by investment volumes - 22.5%. From Germany 16.5% of investments came, the Netherlands - 9.6%, Russia - 7%, Austria - 6.3%, the Virgin Islands - 3.4%. 26-27% of investments in Ukraine fall on the off-shores, mainly within the frames of transactions on the merger and takeover.

It should be noted, Ivchenko said, that in 2009, labor migrants have transferred to Ukraine USD 5 billion, the same trend has been observed this year.

In 2008, direct foreign investments made up USD 9.9 billion, transfers from labor migrants - USD 8 billion. Forex Club notes that this trend is peculiar to other developing countries.

UKRINFORM