Ukraine, Sweden discuss cooperation on infrastructure projects within ‘Great Construction’

image

   
Finance Minister Serhiy Marchenko and CEO of the Swiss financial company UBS Sergio Ermotti have discussed the UBS group’s support for infrastructure projects within the Great Construction project in Ukraine, the Ukrainian Finance Ministry has reported on Facebook.

“Our priority is the development of infrastructure and roads in Ukraine. UBS has excellent experience in financing such projects. It is also important for us that Swiss banks return to Ukraine,” said Finance Minister Serhiy Marchenko.

Sergio Ermotti noted great interest in Ukraine. In particular, UBS monitored Ukraine’s success during the transaction to the issuance of new 12-year Eurobonds and the issuance of the old ones, as UBS has traditionally invested in Ukrainian sovereign Eurobonds.

“It was really a very successful transaction that aroused great interest from international investors. This is a sign of positive structural changes in Ukraine and progress in implementing reforms,” said Sergio Ermotti.

As Ukrinform reported, Great Construction is a joint project of the President and the Government of Ukraine, which involves the construction of roads and infrastructure throughout the country.

© 2020 Ukrinform News

One comment

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.