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Interpipe and DTEK signed agreements with the UAE State Investment Fund

Ukraine / Business and Finance

The Ukrainian delegation, chaired by Volodymyr Zelenskyy, signed memoranda and contracts in the UAE in the amount of $ 3 billion or more.

Interpipe and DTEK signed agreements with the UAE State Investment Fund

18 Ukrainian private companies, including Interpipe, Dragon Capital, DTEK, Unit City, EastOne, UMG, Ufuture, Fortior, during the official visit of the President of Ukraine Volodymyr Zelenskyy to the United Arab Emirates (UAE), signed memorandums with the state investment fund Mubadala.

In addition, the Mubadala Foundation signed a Memorandum of Understanding with the State Property Fund of Ukraine.

All signed agreements are aimed at deepening cooperation in the development of promising investment projects and the participation of the Emirates side in the program of privatization of state property in Ukraine, the press service of Zelensky noted.

The President of Ukraine noted that the signing of a memorandum with the state investment fund Mubadala of the Government of Abu Dhabi on intentions to invest in Ukraine is a very important step in opening the way for large-scale investments in Ukraine from Western Asia.

According to open sources, the mission of the Mubadala Foundation is to help diversify the economy of Abu Dhabi. The focus is on managing long-term investments aimed at providing high financial returns and tangible social benefits for the emirate.

In general, according to the press service of Zelensky, during the official visit of the President of Ukraine to the UAE, the Ukrainian delegation signed a number of memorandums and contracts totaling $ 3 billion or more.

Defense documents were signed, within the framework of which, in particular, the possibility of building joint factories outside of Ukraine was discussed.

In addition, a memorandum was signed in the agricultural sector, which provides for the creation of an agricultural hub and a trading company in order to ensure food security.

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