OREANDA-NEWS. September 27, 2013. The First vice Prime Minister of Ukraine Serhiy Arbuzov has urged heads of Chinese companies, banks and corporations not to be limited to projects carried out in Ukraine with the provision of loans under state guarantee during a meeting with them.

"I call you to invest directly in the Ukrainian economy, which today is very beneficial for everyone," he said.

The First vice Prime Minister promised that the Government of Ukraine would create the most favorable conditions for Chinese corporations and capital on the Ukrainian market.

"A promising area of cooperation, in our opinion, can be a partner participation of Chinese companies in the industrial projects of electronics and communications, hospitality, construction in major cities and resort areas, the creation of international transport corridors," he said.

Serhiy Arbuzov also said that through the joint efforts of both countries a large-scale financial and industrial cooperation has been launched and successfully implemented: "It is, first of all, the construction of infrastructure facilities in Ukraine with the assistance of capital, technology and equipment from China."

According to him, the great value has a pilot project for the high-speed rail link between the Boryspil airport and Kyiv. And other projects are no less important. Namely, the construction of power plants, modernizing Ukrainian mines, joint production of cars in Ukraine, the construction of modern elevators and development of the telecommunications sector.

During the talks with Chinese entrepreneurs Sergey Arbuzov assured that the main common task of the governments of Ukraine and the People's Republic of China is the creation of favorable conditions for close contacts between representatives of the business, which will raise cooperation to a qualitatively new level.

After the meeting Ukrainian Greentek Energy Company and China's CNBM signed in the presence of the First vice Prime Minister the Memorandum of Cooperation.