Ukraine should become investment mecca of Eastern and Central Europe – Zelensky

President of Ukraine Volodymyr Zelensky, speaking at the World Economic Forum in Davos, called on international investors to become “architects of the success of the new Ukraine.”

“Ukraine should become an investment mecca of Eastern and Central Europe. The main driver for economic development is the ability to make profit. And we are one of the few countries that now allows earning such a high return on invested capital. Today we are underinvested and disliked,” he said.

Zelensky called on investors to invest in Ukraine.

“Today, the pragmatic and petrified world is sorely lacking a miracle. And the world economy, which is on the verge of a new global crisis, needs an economic miracle. Ukraine is exactly the place where miracles happen. And my goal is to make Ukraine appear in textbooks next to the cases of Japan, South Korea and Singapore. Therefore, join in!” he said.

The president pointed out that the new Ukrainian authorities are creating equal rules of the game for everyone, cleansing the judicial system, digitalizing processes, implementing vital reforms and adopting vital laws.

“We have everything to become a successful country. Favorable climatic conditions, a very favorable geographic location, an inexhaustible agricultural and industrial potential, and our most valuable resource are incredibly creative and very talented people who are in the top 50 in the Human Capital Index rating,” he noted.

© 2020 Interfax Ukraine

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7 comments

  1. This is a no brainer , I have been saying this for a while .
    The growth potential in Ukraine is immense .

    • And Russia, when in control of it between 2010 and 2014, took no advantage of it. Now she is gone forever. Karma is a bitch.

  2. Putin has already lost the battle , he has just not fucking realized it yet.
    Although I think that he does realize the consequences of it.

  3. “Today we are underinvested and disliked,” he said.
    WTF is that? If there are people that dislike Ukraine, they must either be Moskali, lying Oligarchs, or paid propagandists. Zelensky shouldn’t worry about such people. I hope this is just a translation error, it seems (even with Zelensky) strange to basically say, “Invest in Ukraine even though people don’t like us.”

    • But Zelensky just spoke the truth. Industrial output is down by 2% and investments mainly come from the former USSR, China and the Middle East. It is less corruption, but mostly Russia-friendly countries avoiding to invest in Ukraine, fearing negative consequences concerning their trade interests with Russia.

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