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 Ukraine is Europe’s China, - Saakashvili intends to turn Odesa into major hub on the Black Sea

саакашвили

Head of the Odessa Regional State Administration Mikheil Saakashvili noted potential position of Odesa as a regional transportation, logistics, tourism and IT hub in the Black Sea region and intends to implement them.

"Odesa has a lot of advantages, in particular, very well-educated, talented people, stunning tourist potential, and we will provide investors with protection from extortion and blackmail, which have been hampering economic growth so far," he said at an Ukrainian Investment Day conference in New York on Friday, Censor.NET reports citing Interfax-Ukraine.

Saakashvili added that the Odesa airport has good prospects.

Read also: Saakashvili lambasted Odesa region prosecutors

The governor stressed that he intends to create the most favorable conditions for business and investment, regardless of their size. In particular, there are plans to introduce electronic registration, ensure ease of land allocation, radically improve the work of police, customs and tax authorities. "These will be the first pilot projects of its kind in Ukraine," he said.

Saakashvili praised the overall investment prospects of Ukraine. He recalled that when he was the leader of Georgia, the country went through war, embargo, but thanks to the policy pursued the growth of its economy was measured in double digits.

According to him, Ukraine has a number of advantages today: a new generation of people, democracy and developed civil society, decommunization, high level of educationб and low cost workforce.

"Ukraine is Europe's China," the ex-president of Georgia said regarding investment.


 
 
 
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