Ukrainian President Volodymyr Zelenskyi remotely rang the opening bell of the New York Stock Exchange on Tuesday as his country tries to attract billions of dollars in private investment to rebuild factories and industries destroyed by Russia.
At the same time, the Ukrainian government launched a platform with more than 500 projects worth $400 billion, through which foreign investors can help restore Ukraine’s economy, even if the war with Russia continues. After registering on the platform, potential investors will receive information about the opportunities offered by Ukraine, reports Agerpres.
At the end of the meeting with the top managers of JP Morgan, Pfizer Inc and other American companies, Volodymyr Zelenskyy delivered a message in English, in which he announced that Ukraine has already started rebuilding its economy six months after the start of the Russian invasion.
“Ukraine is a story of future victory and a chance for you to invest in projects worth billions of dollars to share the victory with us,” Volodymyr Zelenskyy said.
Zelensky called today at the opening of the NYSE, of course.
“Invest in Ukraine, it will be your victory and a new success story for your companies,” he said.
“Glory to the Ukrainians! Start your work.” https://t.co/CjsglADAK5
— Christopher Miller (@ChristopherJM) September 6, 2022
The Advantage Ukraine initiative, first unveiled at a conference held in Switzerland in July, focuses on 10 key sectors, including the military-industrial complex, energy, pharmaceuticals, metallurgy, woodworking and logistics.
“It is necessary to invest in Ukraine now, and not wait for the end of the war,” said Minister of Economy Yuliya Svyridenko.
Last month, Svyridenko told Reuters that Ukraine’s economy would stabilize next year and record growth of 15.5% after contracting by 30-35% this year.
On Tuesday, the same Yulia Svyridenko said that Ukraine is again interested in attracting foreign direct investment, which before the war reached 6.7 billion dollars.
“The Russian invasion changed our short-term plans, but did not force us to abandon our strategic goals,” Svyridenko said.
The Ministry of Economy of Ukraine clarified that it provides grants to existing enterprises and has so far helped relocate 700 companies from the conflict zone, of which 480 companies have already resumed their activities.
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Source: Hot News RO
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