Kozachenko: Ukraine’s agrarian sector is attractive to investors

Today, October 6 2011, Leonid Kozachenko, President of Ukrainian Agrarian Confederation, had a working meeting with Gary Vinokur, Director General of Merrill Lynch investment bank.

During the course of the meeting the parties discussed peculiarities of Ukraine’s investment climate at the present stage of its economic development, taking into consideration the global tendencies and priorities.

According to Leonid Kozachenko, while previously investments into the energy sector were the most liquid, currently food production could be at least as important. Kozachenko said that at least 10 Ukrainian agro-holdings have capitalization of approximately $7 billion which shows that this sector of Ukraine’s economy is highly competitive and attractive to investors.

Ukraine’s agro-industrial complex needs investments of over US$60 billion, therefore Merrill Lynch could be one of the potential participants in this project,” stated the President of Ukrainian Agrarian Confederation.