Kiev Ukraine News Blog

Daily news and other information from the city made famous around the globe by the "Orange Revolution".

Saturday, January 29, 2005

USA Biggest Investor in Ukraine

WASHINGTON, DC -- According to the Embassy of Ukraine in Washington, DC, the USA continues to be the largest foreign investor in Ukraine.

As of July 1, 2004, cumulative foreign direct investment into Ukraine from the USA since 1992 amounted to over $1,085.9 million, or more than 14.8 per cent of all FDI.



At that time, more than 1,200 US enterprises were working in Ukraine, of which more than 25% were joint ventures. Boeing, John Deere, Procter & Gamble, Kraft Foods, AIG, Cargill, Coca Cola are among the most successful US investors in Ukraine.

With the election of President Yushchenko, the foreign investment base, in Ukraine, should grow dramatically. Estimates of $3 to $4 billion per year, are being discussed by some European investment banks.

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