Friday, September 2, 2011

Ukraine has taken a loan from Chinese bank

During the visit of Ukrainian delegation to China were signed five agreements that will ensure the receipt of debt financing and investment from China, Ukraine took the funds for the development of transportation projects, in particular the draft Air Express. "Signed today, 18 April, in Beijing an agreement between the Export-Import Bank of China and the Ukrainian side will begin in May, the practical phase of building high-speed railway line between Kiev and the international airport Borispol. Also, for the construction of infrastructure facilities of Kyiv region signed an agreement valued at 2 billion dollars. These objects will be created in preparation for the construction of a large ring road around Kiev, and, consequently, the agreement means that will soon begin construction of this long-awaited facility - the chairman of the State Agency for Investment and management of national projects Kaskiv. As the press service of the State Agency, the signing of agreements is a significant event. "I consider it necessary to note that the signing of this agreement is a significant event, because it opens the door to Ukraine finance other national projects, as the memorandum was signed for a total amount - 10 billion dollars. These funds do not require mandatory government guarantees, "- said Kaskiv. According to Prime Minister Mykola Azarov, Ukraine, China stands ready to provide loans and investments at very attractive terms and conditions more favorable than those of other partners.

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