Germany invests € 3.2 billion in agriculture and infrastructure of Ukraine

Submitted by bashun on Mon, 04/02/2018 - 14:02

Germany plans to invest € 3.2 billion in the development of infrastructure, waterways, construction of seaports, as well as in agriculture.

This was said on March 20 in Berlin at the conference "Financing Opportunities in Ukraine - Quo Vadis?", which was organized by the public association "Ukrainian-German Forum", Latifundist.com reports.

It is noted that the issue of corruption is still a serious problem, and German bankers do not always trust Ukrainian businessmen.

"We have been working in Ukraine for a long time and we know that if people are not going to pay on the loan, they will not pay. We have had enough problems with large companies and now we are looking not only at the size and budget figures, because they are also often falsified," says Thomas Otter, CEO of Landesbank Baden-Württemberg.

Nevertheless, risks in Ukraine are decreasing, and GDP is insignificant, but it is steadily growing, so investors are ready to consider new projects and invest money in the Ukrainian economy.

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