The Ukrainian delegation began its official visit to Saudi Arabia with a meeting with almost a hundred local entrepreneurs. About this reported the press service of the Ministry of Economy.
It is noted that during the meeting in Riyadh on February 16, 2025, the First Deputy Prime Minister of Ukraine is Minister of Economy Yulia Svyrydenko. "presented promising investment opportunities in energy, agriculture, infrastructure and other sectors."
The participation of companies from Saudi Arabia in privatization in Ukraine was also discussed.
In the coming days, the delegation will hold dozens of meetings to prepare for President Volodymyr Zelenskyy's visit to Saudi Arabia, the Ministry of Economy added.
"During the meeting, the Ukrainian side familiarized the Saudi Arabian business with the current economic situation in Ukraine, the investment opportunities that Ukraine currently offers for foreign investors, and the solutions that our state is implementing to create and maintain a favorable investment climate. Potential investors were told about programs to support projects with significant investments, tools for the development of industrial parks, and insurance of military risks," — the ministry also stated.
"I am convinced that we have prospects for even more active attraction of investments from the Middle East. Today we have seen significant interest, primarily in infrastructure projects, energy, in proposals in the field of innovation, agribusiness, primarily in fertilizer production, where Saudi Arabia has expertise. Joint efforts are already yielding results, albeit in small steps. Exports to Saudi Arabia increased from $291 million in 2023 to $368 million in 2024. And we expect growth this year as well," — Svyridenko summarized.
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