September 23, 2024
During the forum, the following topics were discussed:
• Infrastructure challenges in Ukraine;
• Protection and restoration of infrastructure;
• Investment opportunities.
In the third session of the forum, discussions centered on mechanisms for attracting private investors to rebuild and modernize Ukraine, investment in the titanium industry during wartime, pre-privatization preparation of assets, and necessary legislative changes to attract investments, particularly in the mining sector.
Participants of this session included Ihor Benedysiuk, Judge of the Cassation Economic Court within the Supreme Court; Yehor Perehlyhin, Acting Chairman of the Board of JSC "United Mining and Chemical Company"; Alyona Sumina, Acting Head of the Legal and Regulatory Policy Department at the State Institution "Office for Investment Attraction and Support" (UkraineInvest); and Dmytro Filonenko, Senior Business Development Manager of the American-Ukrainian Business Council.
Yehor Perehlyhin, Acting Chairman of the Board of JSC "United Mining and Chemical Company," highlighted the importance of a comprehensive assessment of all aspects of the rule of law, including guarantees of investment stability, as key factors for international investors in the mining sector. Additionally, a favorable condition for investors in the mining sector is the state's provision of a "one-stop-shop" system and proper resource and reserve evaluation based on international standards.
"Opening opportunities for attracting Ukrainian and international investments into Ukraine, particularly in the mining sector, is a core part of Pragma Consulting Group's systemic efforts and the foundation of the company's vision for Ukraine's development," said Alyona Shulima. "We are at a critical and defining moment for the development of Ukraine's mining industry, awaiting whether access to strategic mineral deposits will be unlocked or the issue will once again get stuck in government offices.
The messages delivered at the Forum provide cautious optimism that awareness of the sector's importance and the willingness to address its real situation are reaching the necessary scale, increasing the chances for resolution," added Alyona Shulima.