Zelensky invites Orascom Investment Holding to invest in Ukraine

Ukrainian President Volodymyr Zelensky met with CEO of Orascom Investment Holding Naguib Sawiris on November 21 and invited him to invest in Ukraine, according to the website of the head of state.
"I heard you've been interested in investment opportunities in Ukraine for several years, but did not venture. Now is a very good time," Zelensky said, addressing the Egyptian businessman.

He spoke about the renewal of the Ukrainian parliament and the formation of a new government, which, in his opinion, will allow the implementation of structural reforms in the short term to achieve an economic boom in the country over the next five years.

"Our priority is to focus on economic growth, and we understand that this is only possible by attracting foreign investment," Zelensky said.

He also noted that the government and the parliament are working to create a favorable business climate in Ukraine. Among the major changes, the head of state mentioned land reform, privatization, the development of digital technologies, telecommunications, the financial sector, as well as the increased transparency of subsoil use.

"We started the process of privatization from ourselves - the first companies that were transferred for privatization were the companies under the President's Office. These include interesting objects for real estate investment, in particular, Ukraine and Dnipro hotels. Since there are a number of very successful tourism and hospitality projects in your portfolio, I would like to invite you to participate in privatization competitions. You may also be interested in tourist sites all over Ukraine," Zelensky said.

The president also suggested that the businessman consider investing in Ukraine's banking sector.