Bleyzer Foundation: Foreign investment in Ukraine in 2011 could reach USD 7 b
2011-02-09 16:29:31
The Bleyzer Foundation has predicted that foreign direct investment (FDI) in Ukraine in 2011 could reach USD 7 billion, the foundation's executive director, Oleg Ustenko, told reporters on Tuesday.
He said that this year foreign direct investment in Ukraine would total about USD 7 billion, compared to USD 5.5 billion in 2010.
"We expect a certain increase, but we suggest that the structure of foreign direct investment will be changed. Last year, about 60% was sent to the financial sector, while this year we would not expect more than 40%. Therefore, 60% will be spent on the real sector and services," Ustenko said.
Moreover, he noted that Cyprus, Russia and Germany would remain the major investment donors, as in the past year.
Ustenko said that about 10-15% of foreign direct investment in the real sector could be directed to agriculture. "In general, around USD 400 million will be spent on agriculture this year," he said.