OREANDA-NEWS. June 07, 2012. The work on creating a favorable investment environment in Ukraine and improving the relevant national legislation continues President Viktor Yanukovych said at today’s meeting of the Council of Domestic and Foreign Investors.

The President commended the cooperation between the government and business to improve the legal framework of doing business in Ukraine. "This cooperation has shown that we are gradually improving the investment climate together," he said.

President Yanukovych pointed out the fact that investment in the domestic economy is growing. According to him, fixed investments grew 22% last year, compared to 2010, and in the first quarter of this year, "we already have about 30% growth."

The President expressed his belief that the number of interested domestic and foreign investors will continue growing, as the quality of projects offered for implementation in Ukraine is also growing. "There are investments made in a variety of innovations. With their help we are improving the competitiveness of our enterprises, our products, and our country," Viktor Yanukovych said.