The VII International Economic Forum, “Innovations. Investments. Kharkov Initiative”, which was held last weekend in the Kharkiv Palace, gathered representatives of power and business and helped to attract more than 200 million investments to the Kharkiv region.
This was announced at the forum by the chairman of Kharkiv Regional State Administration, Igor Raynin.
“We have signed an additional agreement with the American Chamber of Commerce, on cooperation in the fields of energy, agriculture, and IT. We also signed agreements with the Canadian and Austrian Chamber of Commerce, so we move on to the effective co-operation. In addition, according to the results of the forum, a number of Kharkiv companies have signed agreements with foreign partners for more than $200 million in total,” said Raynin.
He also talked about the plans to build a mini-CHP (combined heat and power) in the region with the support of an American company, Holtec International. The co-operation is expected with the “Turboatom”. A contract worth US $60 million should be signed by the end of this year.
Another agreement on investing in social projects in the region was reached between the leaders of the Kharkiv region and the American Investment Corporation MG Star INC. The project includes the construction and reconstruction of energy facilities, modernization of infrastructure, municipal, industrial, and agricultural facilities. The amount of funding for each project may range from 5 to 50 million US dollars.
This year, the forum was attended by more than 500 participants. Among them, there were representatives of diplomatic missions in Ukraine from 17 countries; top management of international corporations and investment funds, people’s deputies of the Ukraine, representatives of the central authorities, which define the strategy of economic development of Ukraine and heads of local governments, program managers of technical assistance for Ukraine, representatives of business and civil society organizations, and representatives of leading media.
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