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Energy Headlines

Government to determine infrastructure objects in energy branch to attract investments

25/11/2008

The Government to determine infrastructure objects in the fuel and energy complex to attract investments. Prime Minister of Ukraine Yulia Tymoshenko told a meeting concerning infrastructure projects in the energy branch.

According to her, today many persons wishing to invest to the Ukrainian economy but it is important to establish transparent, equal, competitive procedures for investors.

Yulia Tymoshenko noted that big infrastructure project would allow forming a domestic market of Ukraine of metal production, including the construction materials. According to the Prime Minister, this allows to carry out the structural reforms in the branch which has experienced only reduction in objects during the last years.

Yulia Tymoshenko noted that Government had already launched a powerful energy project – the construction of high-voltage aerial circuit 750 kilowatt Rivne NPP-Kyiv NPP for which USD 150 million of investments is attracted.

Besides, Yulia Tymoshenko noted that during the meeting projects of the Ministry of Coal Industry and Ministry of Fuel and Energy for 2009 with investments at the sum of 6.6 and USD 14.9 billion would be considered

Source:
Government Portal

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