China is interested in the construction of grain processing plant in Ukraine

China is interested in the construction of grain processing plant in Ukraine

26.05.2016 News

China is interested in the construction of grain processing plant in UkraineThe direction of the Chinese “Anhui Foreign Economic Construction Corporation” expressed interest in the construction of the grain processing plant in the territory of Ukraine, the products of which will be exported to China.

This was said by the vice-president of the “Anhui Foreign Economic Construction Corporation” Zhang Zhonghua at a briefing in the framework of the investment session of the Kyiv Economic Forum “Ukraine-China New Silk Road”, –  reports the “UNIAN”.

“Now between China and Ukraine is developing a corn market, but given the mutual interests it is better to build factories for the processing of grain in the territory Ukraine. If there is a desire, the Chinese company, and not only we are ready to assist”, – said Zhang Zhonghua .

He also noted,  that the implementation of such an idea is profitable from the economic point of view, since Ukraine has a cheap labor force, compared with China, and at the same quality.

As the UNIAN reported earlier, in 2015 China has become one of the largest importers of Ukrainian maize and barley. Most Ukrainian corn has gone to China (18% of exports, which in general has brought to the country $ 3 bln.). Besides, 17.5% of the Ukrainian barley were exported to China, which has brought to the country a total of $ 768.8 million. (In first place is Saudi Arabia with a share of 52%).

Source: economics.unian.net

Other articles

  • globallogic healthtech 1
    News

    GlobalLogic engineers help create nearly 10% of the global medical device market

    Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]

  • 2779913
    News

    Twitter працює над відновленням відеосервісу Vine

    Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]

  • picturepicture 156446930057951110266878 96171
    News

    CREDIT AGRICOLE TOPS THE SOCIAL RESPONSIBILITY RATING AMONG BANKS ACCORDING TO STANDARD-RATING

    Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]

  • impact automotive
    News

    How Ukrainian developers make impact on road safety

    From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]

  • 750x450 press release image ua
    News

    Intellias completes acquisition of Digitally Inspired, strengthening expertise in the Retail and eСommerce industry

    Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]

  • shutterstock 1920327596
    News

    3×4, a recently-founded Ukrainian Web3 fundraising platform, launches its first campaign

    3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]

  • 632595f853279441907151 730x410
    News

    The September, 29 will take place the international investment forum REBUILDING UKRAINE WITH THE PRIVATE SECTOR: International Investment Fair

    In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]

  • Україна планує запровадити нове мито на імпорт
    News

    Україна планує запровадити нове мито на імпорт

    Проект, що його розробляє уряд, визначає введення 10% збору на купівлю іноземної валюти імпортерами. Деталі ініціативи Кабміну повідомив нардеп Ярослав Железняк, який є заступником голови податкового комітету Верховної Ради. “Тут варто зазначити, що обрана концепція не передбачає додаткових імпортних мит (що є складним при адмініструванні), а визначає запровадження 10% збору на валютообмінні операції із купівлі всіх […]

Read also

China is interested in the construction of grain processing plant in Ukraine
News

Ukrainian exchange temporarily simplified the access to the market

The Ukranian exchange simplified the access conditions on the market to the new consumers. Oleh Tkachenko, the Chief Executive Officer of Ukrainian exchange said: “NBU made a decision about the exchange derivatives banks deregulation. We provide them with the opportunity to trade the urgent contracts”. The exchange council of exchange platform decided not to levy […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Nataliya Osadchaya: “Engaged in prevention of raiding at a stage of entry into the project, because treatment can not salvage”

The subject of raiding remains urgent and at the same time very painful for Ukraine, especially for foreign investors. It isn’t accepted to speak about it openly. The  victims of similar captures in rare instances make public the fact of their entities occupation. Syutkin & Partners Law Firm together with USUBC, the Ministry of Justice […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Businesses will be reimbursed through lockdown again

President Volodymyr Zelenskyi submitted to the Verkhovna Rada a draft law on assistance to private individuals through lockdown. The press service of the parliament announced this on Wednesday, March 24. There is no text of the bill yet, but the document is defined as urgent. It was submitted to the leadership of the Council. In […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

SFS fined Philip Morris for 4.1 billion UAH

The State Fiscal Service of Ukraine imposed a fine on Philip Morris Ukraine. In turn, the tobacco company believes that the claims of the Department of tax and customs audit of the SFS for 4.1 billion. UAH are unfounded. “Now the fine is not yet accrued officially. The verification was completed on May 10 and […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

The GREENSTONE restructured obligations of the Creative

At the end of 2015 between UniCredit Leasing and GREENSTONE group was signed an agreement for more than $ 1.5 million. According to the agreement, The GREENSTONE will fulfill the  obligations of Creative  with respect to leasing trucks, agricultural vehicles and passenger cars. The agreement with UniCredit Leasing involves the renewal of the lease and […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

KSG Agro enters the Georgian market

KSG Agro has received permission to export pork to Georgia. The first shipment is scheduled for June. “Pig-breeding business of KSG Agro has successfully passed the test of the National Food Agency of the Ministry of Agriculture of Georgia and received permission for the supply of pork to the country”, – said in a statement […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Tesla shares rose nearly $ 50 billion a day

Shares of Tesla rose nearly 8%, or about $ 50 billion, during OTC trading on April 5. The jump in value occurred after the release of data on record deliveries of the company’s products. In particular, in the first quarter of 2021, Tesla delivered 184,800 cars worldwide, exceeding the forecast of 177,822 cars. In turn, […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Ukrainian Audit Service has found violations by almost 35 million UAH in 2016 in Kirovohrad region

Over the past year the delegates of Ukrainian Audit Service in Kirovohrad region conducted 65 testing procedures and found deviations from the financial and budgetary order in the amount of more than 34 million UAH. As a result, it provided compensation of faults that provoked leakage of financial and material resources in the amount of […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

A shareholder of Alfa-Bank Ukraine became an investor of Uber

The LetterOne Holding (L1), one of whose shareholder is the billionaire Mikhail Fridman (who was born in Lviv, and who is one of the shareholders of Alfa-Bank Ukraine), invested $ 200 million in Uber  taxi service. This is stated in the message of LetterOne. “I am very pleased with our strategic partnership with Uber. As […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Manufacturer robots with Gates investments began preparations for listing

Medical robotics developer Vicarious Surgical with Bill Gates’ investment is planning a listing. The manufacturer is negotiating a merger with SPAC-company D8 Holdings, according to Bloomberg, citing its sources. The parties are discussing a merger, which could result in a $ 1.1 billion valuation of the combined company. Negotiations are currently underway, an anonymous source […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Polish investors bought the part of shares of Astarta

Polish investors headed by the  Aviva Investors Poland bought more than 3% stake of the “Astarta-Kyiv” agro-industrial enterprise. This is stated in the issuer’s announcement on the Warsaw Stock Exchange site. According to the report, the Polish investment funds headed by the Aviva Investors Poland SA concentrated 3,002% of shares of Astarta Holding N.V. (Netherlands) – […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Ukraine places 8-year Eurobonds worth $ 1.25 billion

Ukraine places eight-year Eurobonds for 1.25 billion dollars at 6.875%. The demand is more than $ 3.3 billion. This was reported by Interfax-Ukraine, citing its own source. Initially, the benchmark profitability of the issue was 7-7.25%. Demand for Ukraine’s debt at the final rate exceeded $ 3.3 billion. According to the publication, Deutsche Bank, BNP […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Ukrzaliznytsia reconsidered the cooperation with the Deutsche Bahn

The current management of the state company Ukrzaliznytsia does not intend to implement the initiative of the previous management to involve representatives of the German company Deutsche Bahn in the management of the Ukrainian railways. This was stated by the head of the board of the UZ Volodymyr Zhmak in the interview with the edition […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

For purchase of the vaccines COVID-19 will be allocated 2.6 billion UAH

Ukraine will allocate 2.6 billion hryvnias for the purchase of a coronavirus vaccine. This was stated by Finance Minister Serhiy Marchenko at the press conference on Monday, September 14. “By 2023, we have a real opportunity to ensure health care spending at 5%. There is an increase in 2021 to 4.2% of GDP for health […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

“Epicenter” is accused of unfair competition and pressure on suppliers

The owner of the largest online store Rozetka.ua,  Vladislav Chechetkin accused the retailer “Epicenter” which is developing a network of building supermarkets, in the non-competitive behavior and pressure on suppliers. “Epicenter” for a long time, probably two years, requires the suppliers not to sell the goods in Rozetka.ua. This solicitation sounds like: if your product […]

Next
China is interested in the construction of grain processing plant in Ukraine
News

Financial Times reported fall of a dollar to 20%

With the appearance of an effective vaccine against coronavirus and the subsequent recovery of the world economy, the US dollar may fall by 20%. This was reported by the Financial Times. It is noted that banks, which already had negative forecasts for the dollar next year, deteriorated expectations against the background of the emergence of […]

Next