Investment opportunities in Ukraine

WWICS & Vedi Chna signs MoU on investment opportunities in Ukraine

WWICS inks MoU with Ukraine firm

 

Chandigarh, February 21: Even as India and Ukraine are all set for stronger and long term commercial ties propelled by plethora of business and agriculture based investment opportunities in Ukraine, the first consequential understanding between concerns of both nations was reached here today through a significant tie up between Indian flagship Leader in Global Resettlement ‘WWICS’ and Ukraine based company ‘Vedi Chna’. A Memorandum of Understanding, MoU, was signed between the two firms for facilitating and leveraging each other for attracting Indian investors, entrepreneurs, businessmen and farmers to the much greener pastures of Ukraine which abound in agricultural opportunities for experienced Indian farming community.

 

The significant MoU was inked between the two companies through Lt Col B S Sandhu, CMD, World Wide immigration Consultancy Services and Mr. Anatoily Pylypko of ‘Vedi Chna’ in the presence of Dr. NATALIIA TYMOSHENKO, Head of International Cooperation of the State Agency of Ukraine for Investment and Innovations, Mr. VOLODYMYR KOVAL, Head of the State Administration of Foreign Investment, Kyiv Region, ANATOLIY N. GOLOVKO, Vice President of Ukrainian Academy of Agrarian Sciences, Doctor of Veterinary Science, DR. SERGIY RUBAN, Secretary of the Department of Zoo Veterinary, Ukrainian Academy of Agrarian Sciences and Sh. OLEKSANDR MOROZOV, Assistant to the President of the State Agency of Ukraine for Investment and Innovation.

 

While shedding light upon the MoU Lt Col B S Sandhu informed that WWICS and Vedi Chna will provide mutual support to each other in terms of providing pre and post landing services to WWICS’ clientele in Ukraine, like air port receive, assist in opening of Limited Liability Company, arrange translator for local language barriers, investment guidance etc everything till one gets settled down and starts his or her own business etc.  It would also ensure that the school in which their children study have an English teacher.

 

Lt Col Sandhu added that Indian and Punjabi farmers are a much sought after class of investment partners in Ukraine. With highly arable land and 30% of world’s black soil in Ukraine, the fertile tracts of country offers sure shot returns on investment in agriculture which go as high as 40%. As black soil retains moisture so most of the crops are grown without any irrigation and moreover the crops which need intensive irrigation are grown on the banks of the river Deniper or even on the banks of various canals.

 

Lt Col Sandhu elaborated that a farmer is sure to get a return of 40% on his investment of min 3 lakh US dollars or Rs 1.5 crore. With this amount he can take apprx 125 hectare of land on lease i.e. 325 acre and if he carries out farming in 100 hectares and pursue related businesses like poultry, dairy, piggery etc on remaining 25 hectares, expected return on investment would be apprx 40%.

Adding to Col Sandhu Mr Anatoily Pylypko said that the investment is safe to the extent that registration of investment amount by the investor with government after forming a limited liability company would ensure that in case of nationalization, the invested amount would be refunded.

Lt Col Sandhu added that WWICS would provide them free language course to its clients who apply for making investment in Ukraine because till they get the requisite permissions they could train themselves with the Ukrainian language & culture.

 

While Ukraine which is going to be a part of European Union in 2011 abounds in extremely lucrative and profitable business and investment opportunities in farm sector, WWICS will be focusing upon investment and entrepreneurship based exchange from India.

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