Euro 2012 – Ukraine and Poland

April 4, 2008

Yulia Tymoshenko urged investors to stir up cooperation

Filed under: Ukraine — Ivan @ 11:05 am

Prime Minister Yulia Tymoshenko holds a meeting with investors and construction firms concerning highways building, reconstruction of airports within the framework of preparation and holding a final tournament of football Euro-2012 in Ukraine, according to the government’s press-office.

Opening the meeting, Yulia Tymoshenko told that Ukraine has to provide a modern infrastructure for Euro-2012. In particular, it is necessary to reconstruct 13 airports, build new terminals, large length of highways, railway branches, bridges, hotels etc. “In other words, the volume of work for those who want to work in Ukraine is practically immense,” the Head of Government said.

Therefore, according to Yulia Tymoshenko, Ukraine needs professional teams with experience and ability to work undertime and with their investment funds.

Inasmuch as, the Prime Minister informed, by estimate for reconstruction of airports Ukraine needs 9,5 billion UAH, for building and reconstruction of highways – 37,5 billion. “It is clear that the Ukrainian budget will not be able to offer investors such money and relying that the state or local budgets will completely return these funds is absolutely impossible,” Yulia Tymoshenko said.

“That’s why we assembled here today to discuss how we should build our cooperation and make real investors come from all over the world to Ukraine for the construction of all these objects and we should not be isolated in certain lobbying opportunities of Ukraine,” the Head of Government added.

Yulia Tymoshenko expressed confidence in the establishment of “direct communication” between the Government and investors and open and equal opportunities for all investors. That is, first and foremost – transparent procedures, available for you and giving an opportunity to participate in all preparation processes for Euro-2012,” the Prime Minister underscored.

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