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News / 2 December 2013 | 15:12
Kherson region raises 37 million USD of FDI in 2013

Kherson region raises 37 million USD of FDI in 2013

According to the State Statistics Service in the Kherson region, from January to September 2013, the region's economy attracted 37.6 million USD of Foreign Direct Investment (FDI). As of October 1, 2013, the total amount of FDI in the region amounted to 284.4 million USD, or 236.3 USD per capita, the Information-Analytical Bulletin of the Cabinet of Ministers of Ukraine reports.

Government analysts say that the largest volume of investment is concentrated on the industrial sector of food products, beverages and tobacco, manufacture of wood products, paper and printing industry. In addition, investors prefer production of rubber and plastic products, non-metallic mineral products, steel production, manufacture of ready metal products.

By territorial distribution, the leading positions in terms of FDI are held by Kherson, Kakhovka, Nova Kakhovka, Kakhovka and Kalanchak regions.

The investment flows came from 46 countries in 2013. Among investor countries, which account for the bulk of direct investment, are Cyprus (76%), UK (14%), Seychelles (3.6%), etc.

For comparison, in 2012, the economy of the Kherson region received FDI for 60.4 million USD.

At the same time, government analysts believe the region has a huge potential to attract investment in the agricultural sector. In particular, the Kherson region has the largest irrigated area - over 400,000 hectares, or 26% of available farmland. Of these, almost 240,000 hectares are in the zone of Kakhovka irrigation system, over 100 hectares - in the area of the North-Crimean Canal. Also, about 20 hectares are located in the area of Inguletsky irrigation system and another 20 hectares at local sites.

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