Business News, 22/09/2017

Ninth International Economic Forum in Kharkiv

The Ninth International Economic Forum “Innovation. Investments. Kharkiv Initiatives!” took place at Premier Palace Hotel Kharkiv on September 22.

Kharkiv Governor Yulia Svitlychna, First Deputy Mayor Ihor Terekhov, representatives of the government, investment and venture funds, entrepreneurs and experts took part in the event. The forum anchor was the founder of Statement Email and Kyiv Post journalist Paul Niland.

This year, delegations from 30 countries, in particular, the USA, China, Canada, the United Arab Emirates, Japan, Brazil, Germany, France, Norway, Belgium attended the forum. 15 ambassadors headed their delegations including the U.S. Ambassador Marie Yovanovitch, the Ambassador of China Du Wei, the Ambassador of Japan Shigeki Sumi.

Within the framework of the forum, all-Ukrainian meeting dealing with directions of machine-building development and five panel discussions were arranged. The discussions centered on decentralization and effective management in the local communities, new energy, Ukrainian export development, agro-industry and knowledge economy.

“In addition to professional discussions, we are also planning to sign contracts amounting $75 million, which will be involved in the Kharkiv region’s economic sector. Furthermore, we are aiming to sign seven memorandums on cooperation and energy efficiency, science, and support for small and medium-sized businesses,” Svitlychna noted.




DCH Group, which has traditionally been a general partner and sponsor of the forum, also participated in signing important documents. One of the memorandums presented at the event concerned the strategic partnership of the Kharkiv Tractor Plant and the National Technical University “Kharkiv Polytechnic Institute.” Its essence is that Polytechnic Institute graduates will have the opportunity to have internships and join new models of tractors development. Another memorandum was signed between International Council of Swedish Industry, Kharkiv Regional State Administration and Kharkiv Association of Private Employers.

According to the local authorities, this forum has emphasized once again that Kharkiv and the Kharkiv region are considered as one of the most attractive regions for investments.

The Forum’s co-organizers are Kharkiv Regional State Administration, Kharkiv Regional Council, and DCH Business Group.

The forum which has been taken place for the ninth consecutive year in Kharkiv became one of the largest investment events in Ukraine. In 2016, more than 500 participants from 16 countries took part in it.

Text: Natalia Ivanova

Photo: Kharkiv Regional State Administration