Poroshenko called the deal with SALIC largest agricultural sector in the history of independence of Ukraine

Порошенко назвал контракт с SALIC крупнейшим в аграрном секторе за историю независимости Украины

The President of Ukraine Petro Poroshenko considers signing of the agreement of purchase and sale of shares between companies Mriya Farming PLC and Saudi Agricultural and Livestock Investment Company for the sale of companies Mriya Holding Cyprus Limited and Mriya Trading Cyprus Ltd, the largest contract in the agricultural sector of the country during the years of independence. About it reports a press-service of the head of state.

According to the President, this event signals a qualitative change in the investment climate in Ukraine, and restore the faith of investors and their willingness to invest.

“SALIC is the property of the sovereign wealth Fund of Saudi Arabia, and today he is one of the largest investors in the agricultural business worldwide. And the decision to come to Ukraine is a vivid demonstration of the fact that Ukraine today is ready to accept such investors and created all the necessary conditions,” – said Poroshenko.

“Today this is the largest contract, the largest acquisition in the agricultural sector in the history of independent Ukraine. Today is the first significant sovereign investment Fund of Saudi Arabia and the sovereign Fund of all countries of the world in Ukrainian assets”, – he added.

The President noted that this is the first such investment after the Russian aggression in 2014. At the same time, he stressed that the contract does not mean the purchase of Ukrainian land.

“It is very important that as a result of this contract, due to the fact that today occurs, we restore the activities of an extremely large holding, restoring its solvency, restore investor confidence, and this is a Prime example of effective cooperation of the Ukrainian President, government, National Bank, Investment Council under the President of Ukraine”, – said Poroshenko.

Poroshenko also announced the opening next week in the Nikolaev area of the processing plant, recalled the recent opening of H&M store, the beginning of the Ryanair flights from the Ukrainian airports. The President also noted that yesterday received the first locomotive General Electric, and this morning hosted the launch of the IKEA project in Ukraine.

In turn, the managing Director of the company SALIC expressed the hope that other investors from Saudi Arabia interested in Ukraine.

Earlier it became known that the SALIC Saudi company acquires a large Ukrainian agricultural holding “Mriya”.

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