In 2015, investments in the agricultural industry of Ukraine totaled nearly 1 bln USD, while in the current year the index will increase to 2 bln USD, declared the Minister of Agrarian Policy and Food of Ukraine, Oleksiy Pavlenko on February 10.
He reminded that Ukraine has already signed the agreement with the European Investment Bank on raising of 10 bln UAH of loan funds for agrarians.
"We are working hard to raise investments in restoration of the irrigation system in the south of Ukraine", the Minister said, adding that realization of the irrigation project in five southern oblasts of Ukraine is strategically important.
According to O.Pavlenko, investments are mainly required to increase the level of competition in the agro-industrial complex.
Investments in the growth of competition level will become a guarantee for the further development of the agricultural sector, and harmonization of the conditions for all players of the food market. The Ministry set a course for improvement of the food safety rates, which will not only enhance the food quality of Ukrainian consumers, but also provide significant increasing of the high-margin exports, informed O.Pavlenko.
You can receive more detailed information about the industry development within frames of the Caspian and Black Sea Agrarian Congress .
