- The parties discussed the creation of an investment fund
- It will work to rebuild Ukraine’s economy
Ukrainian President Volodymyr Zelensky met with representatives of the American multinational investment corporation BlackRock.
At the meeting, the sides discussed the creation of an investment fund that would work for economic recovery.
The main purpose of the fund is to attract private and public capital, which will be used to implement large-scale business projects in the country.
The meeting resulted in the signing of an agreement with BlackRock Financial Market Advisory to provide support services for the Ukraine Development Fund.
President Volodymyr Zelensky said during the meeting that during the independence of Ukraine there has been no real large private capital that would match the country’s capabilities.. He added:
“This will be a powerful signal to improve the investment climate. This is important not only for our people, for our society, but also for business, for entrepreneurs abroad.
This is a historic moment, because since the first days of independence we have not had such huge investment cases in Ukraine. We are proud that we can start such a process.”
Zelensky added that the fund will help attract new investments and begin to rebuild Ukraine’s economy. There are also plans to create new businesses after the end of active hostilities.
“We can offer interesting projects for investment in energy, security, agriculture, logistics, infrastructure, medicine, IT, as well as in many other sectors.
We want global partners to come in who can provide us with great investments,” said Vladimir Zelensky.