First investor enters Ukraine within CUFTA
26.09.2017 12:36 "Agro Perspectiva" (Kyiv) —
TIU Canada energy company has become the first foreign investor within Ukraine within the framework of the CUFTA (Canada-Ukraine Free Trade Agreement), Ukrinform says referring to the company report.
«TIU Canada becomes the first Canadian investor within Ukraine to use the rules of the Canada-Ukraine Free Trade Agreement which entered into force on this year Aug. TIU Canada, a subsidiary of Refraction Asset Management, launched construction of a solar power plant worth ˆ10 million in Nikopol, Dnipropetrovsk region, this summer. The plant with a capacity of 10MW will supply power to local residents and enterprises,» the statement said.
«We are proud to be the first investor within the framework of the Canada-Ukraine Free Trade Agreement. However, most importantly, this will allow TIU Canada to provide Ukrainians with clean energy,» said Valentina Belyakova, director of the TIU Canada office within Ukraine.