Memorandums worth 30 billion UAH signed at first international investment forum

Six memorandums were signed at the first international investment forum in Kyiv regarding the intention to implement investment projects worth over UAH 30 billion (EUR 2.8 billion), the press service of Kyiv City State Administration has reported.

Head of Kyiv City State Administration Oleksandr Popov signed a memorandum on cooperation with Ukrainian Development Partners on the intention to create an innovation park in Kyiv – Bionic Hill. The project envisages the creation of a park of information technology and other high technologies in the sphere of energy efficiency and energy conservation, biotechnology and pharmaceuticals. The park is to be built in the city’s Sviatoshynsky district on an area of about 147 hectares. The park will include business centres, a research centre and university, a high-tech industrial zone, housing, a sports complex, a shopping centre and a recreation area. The estimated project cost is UAH 8 billion (EUR 743 million).

The city administration and the State Agency for Investment and Management of National Projects of Ukraine signed four memoranda on cooperation.

The memoranda foresee the implementation of such projects as the construction of an international business district, Kyiv-City, the Air Express national project and other infrastructure projects in Kyiv region concerning the construction of a ring road around the city.

In addition, a memorandum was signed on cooperation and intention to implement the Clean City national project worth UAH 21 billion (EUR 1.9 billion).

Popov also signed a memorandum on cooperation with BEG Ingénierie Ukraine, which envisages the construction of a wholesale trade center in the Desniansky district. The project cost is estimated at UAH 1.4 million (EUR 130 thousand).

Source: Kyivpost (29.3.2012)