OREANDA-NEWS. July 16, 2009. After the official visit of the Prime Minister Yulia Tymoshenko to the Republic of Korea in the Ukrainian Government a special group will be set up to facilitate Korean investors with Vice Prime Minister Hryhoriy Nemyria as a chairman. Yulia Tymoshenko announced opening a working lunch with representatives of leading circles of Korea.

“We will create special mechanisms of cooperation. Within Ukrainian Government a special group will act with an aim to draw your investments into areas in which you would like to cooperate with Ukraine,” she explained.

The Premier informed the Gov’t relies on cooperation in energy domain, in particular production and transportation of energy, introduction of energy saving technologies, applying renewable energy sources, extraction of oil and gas and also development of infrastructure and logistics in agrarian sector.

Yulia Tymoshenko considers her visit to the Republic of Korea will start a large-scale process of flowing Korean investments into Ukraine’s economics. She announced that on opening a meeting with leaders of industrial groups of Korea.
“The Government will assist the companies of South Korea so that they could feel comfortably, had an opportunity to implement investment programs and all the green ways to conduct business would be open,” the Prime Minister emphasized.
In their turn, heads of Korean corporations expressed interest in realization of infrastructure projects in Ukraine – building of ports, railways; in development of Ukrainian uranium deposits; obtaining of Ukrainian steel. Vice president of Huindai-KIA Motors thanked to Prime Minister Yulia Tymoshenko for keeping the promise to render overall support to Korean investors.