Ukrainian - American Agrarian Congress,Washington, USA
DATE
Mar 23, 2015

Ukraine requires nearly 6.5 bln USD of investments annually – L.Kozachenko

Source

APK-Inform

1164

World food demand increase offers the great challenges for investment raising to the agricultural sector of Ukraine, stated Leonid Kozachenko, President of the Ukrainian Agrarian Confederation, on March 24 at the Ukrainian-American Agrarian Congress in Washington, D.C.

According to L.Kozachenko, it is quite possible to increase annual grain production in Ukraine to 120 mln tonnes in 2025, vesrus the current level of 53 mln tonnes.

While among the competitive advantages of the Ukrainian agriculture L.Kozachenko mentioned the presence of large-scale corporate farmers associations in the country, high-quality arable land areas, relatively low labor costs in the industry, and the well-developed infrastructure.

The selected physical output measurement production indicators additionally require nearly 65-70 bln USD involvement of the investment funds. The objectives to be achieved within 10 years, provided that the sum of investments will total nearly 6.5 bln USD annually, noted L.Kozachenko.

Contacts

Enter