OREANDA-NEWS. January 16, 2009. Investments into the fixed capital and innovation development of enterprises is a powerful lever of structural changes in economics. The Economics Minister Bohdan Danylyshyn announced today.

According to the head of economic department it provides an opportunity to reinforce technological potential and under conditions of effective and purposeful use of investment resources to improve competitiveness of the national producers.

“In the face of financial crisis investment support insures against a risk of bankruptcy and enables to quicker regroup for work under new conditions, that’s why it is strategically important to secure attraction of investments into the real sector of Ukrainian economics already today,” Bohdan Danylyshyn stressed.

Bohdan Danylyshyn noted under complicated conditions of counteracting to the spread of financial-economic crisis the Ministry of Economic will concentrate its activity on support of favourable environments for investments, which envisages minimizing of risks and elaborating of legislative norms to ensure stable work of national and foreign investors; and predicting and accumulating of investment resources from real possible sources.

As the Economics Minister explained, the Government has elaborated several crucial draft laws which would enable to lure more private funds into the economy. Among them are creating respective legal conditions to secure investments in the frames of partnership between the state and private sector; making changes into principal legislation on concessions and concessions on building and exploitation of motor roads; regulating of an issue of purchase of land plots for public needs; and improvement of a procedure of state procurement.

Bohdan Danylyshyn stressed that as one of the main sources of investing the Government views realization of projects with the World Bank, the European Bank for Reconstruction and Development, the European Investment Bank. In particular, it is envisaged to stir up the projects of development of energy and transport systems, objects of housing and communal economy in maximal volumes in compliance with the Partnership Strategy between the World Bank and Ukraine for 2008 – 2011 and the Cooperation Program with the EBRD for 2007 – 2009.

“The Government will also pay peculiar attention to realization of projects on holding the finals of the European Football Championship Euro-2012,” Bohdan Danylyshyn summed up.