Investment Climate
Ukraine’s commitment to democratic values was strongly supported by the Orange Revolution of 2004. Since then, the political situation has not been calm but the trends have been positive and very promising.
Despite the political turmoil of 2007 and current attempts by the pro-Russian opposition to ruinUkraine’s NATO plans, investors have remained interested in the Ukrainian real estate market, IT sector and industrial areas where privatization plans have been reviewed and better tender conditions are expected to be drawn by the new Cabinet of the Ukraine Steel Lady, Mrs Timoshenko.
With the consumer demand growing firmly and consumer credit being more secure then ever before in Ukraine, all sectors of the Ukrainian economy will continue to expand throughout 2008.
The optimism of the economic development is strongly supported by the WTO accession supported by the Organization in early February and the EURO-2012 hosting which will attract $billions in infrastructure investments.
At the same time, the President Yuschenko and the new Cabinet of Mrs Timoshenko are committed to fight corruption and reduce the regulatory obstacles giving a new speed to SME’s development which will result in further strengthening of a richer middle class, healthier competition and more transparent business regulations.