EBRD positively assesses the agrarian reforms in Ukraine and will to invest more than $ 300 million.
This was stated by Director of the Department of the EBRD Agribusiness Gilles Metettal during the business forum “Investment in agriculture and food products in Ukraine” in London.
He noted that the European Union regards Ukraine as a reliable trading partner and fully supports the reforms in the agricultural sector. In his opinion, one of the factors of the rapid growth of the agricultural sector in Ukraine agricultural business are strong and productive dialogue with the authorities. “The Ministry of Agrarian Policy and Food of the developed strategy for agricultural development. Taken important steps in the direction of deregulation. Dialogue of enterprises and the Government of Ukraine is one of the main factors contributing to the success of the industry. This is a lesson that agriculture Ukraine could teach the world”,he noted.
He also praised the cooperation of Agrarian Policy with international partners in the face of the EBRD and FAO, including investment. So, for the past 5 years, the EBRD has invested in agribusiness over $ 1 billion, additionally raised $ 110 million commercial loans. “Agricultural production today remains one of the most attractive investment sectors in the economy of Ukraine. Our loan portfolio of agribusiness is about $ 780 million. We continue to actively invest in the industry. Our business plan for 2015 exceeds $ 330 million. One of the future projects that we consider – a major loan to a large domestic company to expand its presence in the European markets, “- said the expert.
For his part, Minister of Agrarian Policy and Food Aleksey Pavlenko expressed his gratitude to the European partners for supporting the reforms in Ukraine: “We are faced with serious problems this year, but are determined to speed up reforms, fight corruption, create appropriate conditions for business and attracting investment. “
