: :inin Kyiv (EET)

Lozhkin invites Soros to join Ukraine Investment Council

The former head of the presidential administration, Boris Lozhkin, who was appointed by the president`s decree as chairman of the National Investment Council, has invited a number of renowned foreign investors such as George Soros, one of the world`s wealthiest investors; Unilever CEO and head of the World Business Council for Sustainable Development Paul Polman; and the management of Azerbaijan-based stated-owned SOCAR, to sit on the board of the council.

”We have discussed with several foreign investors their possible participation in this council. We have received consent from George Soros, Paul Polman, and the SOCAR management,” Lozhkin said during a meeting of the National Reform Council.

Lozhkin noted that at present, negotiations are underway with a number of renowned foreign investors who may join the council in future. According to Lozhkin, the revitalization of the National Investment Council, the attraction of investments, and the creation of a normal business climate in Ukraine will underpin the growth of the national economy.

As UNIAN reported earlier, on August 29, the president of Ukraine announced the establishment of the National Investment Council, which would be chaired by Lozhkin.

In July, the Ukrainian government set up an Investment Promotion Office. It was reported that Deputy Finance Minister Oksana Makarova would be in charge of the office, which is to be launched on September 1.

Foreign direct investment in Ukraine`s economy (non-resident shareholders` equity) as of July 1, 2016, amounted to $44.791 billion, marking a 5.4% rise, or $2.282 billion, compared with the beginning of the year ($42.509 billion).


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