Over the last 20 years Ukraine has attracted on average 3 times less investments than peers. “Missed” investment over this period is ~150 bn. USD.

1. Attracting FDI to
Ukrainian economy

2. National Investment Council
Over the last 20 years Ukraine has missed
~ USD 150 BN in FDI
Ave. for peers
3,477
1,473
Romania
4,189
Lithuania
3X
3,252
Ukraine
Poland
3,799
Hungary 4,234
Latvia 5,152
Slovakia 7,857
Czech Republic 8,111
Estonia 9,563
Net FDI inflow per capita in 1997-2015, $
Over the last 20 years Ukraine
has attracted on average 3
times less investments than
peers
“Missed” investment over this
period is ~150 bn. USD
= USD 70 Bn.

3. National Investment Council
With some uprise of FDI after the “Orange Revolution” Ukraine
has consistently been below peer group
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2,9
0,4
4,1
7,27,0
5,8
4,7
9,9
9,2
5,7
7,5
1,71,4
0,70,80,60,50,70,6
GPD growth and FDI inflows to Ukraine in 1997-2014
Over the last 20 years
Ukraine has been
worse than peers in
terms of investment
attraction with
maximum levels
achieved after the
“Orange revolution” /
pre-global crisis
After 2-nd Maidan
level of investment
has fallen to historically
lowest levels
1 Adjusted based on per capita FDI in peer group countries
Adjusted
peer group
average1 FDI
~USD 12 Bn
(CEE
countries)
Ukraine’s
average
FDI
~USD 4 Bn
Net FDI inflows, USD Bn
“Orange
revolution”
Kryvorizhstal
privatization
Euro 2012
preparation
Global
crisis
Maidan and
war in the East

4. Context and main objectives
National Investment Council
Current fiscal, monetary and military stabilization create positive momentum
for the government to focus on investments attraction program
In the current environment, foreign investment can become
an important lever for economic development in Ukraine
• Employment and income growth
• Infrastructure development
• Trade balance
Estimation: $1 billion invested in Ukraine can drive up to 1% GDP growth
Ukraine is keen to attract $120–200 billion FDI in the next 20 years
to close the development gap between Ukraine and other CEE countries

5. There are 4 core factors for success in investment attraction with direct
influence on how Ukraine should think about attracting investments
National Investment Council
Companies invest in deals not in countries
• Development of investment opportunities with clear concept for risk
mitigation
1
3
More than 50% of investment projects are never executed
• Tailored risk management solutions (regulatory guarantees, co-financing etc.)
in addition to go-to-market and business climate shaping
4
Overall FDI strategy and political senior leadership matter
• only certain areas allow for unlock foreign investment
• Domestic, foreign political leadership and IFIs should be mobilized
2
Investors need to know about Ukraine
• Engagement of partner governments to mobilize their investor community

6. National Investment Council
National Investment Council
Context
National Investment Council is aimed at bringing leading investors from all
over the world into Ukraine, thus creating success stories for the country
Key focus
• Institutional changes to provide green light for large investments into Ukraine
• High-level dialogue with the major investment funds / investors and significant
international companies, sovereign funds
• Coordination and communication platform of leading foreign investors and
key decision-makers in Ukraine

7. Office of the National Investment Council
National Investment Council
Key objectives
• Platform for development and discussion of FDI strategy
• Platform for development and promotion of key legislation initiatives
• Platform for discussion and addressing key issues to high-level stakeholders
via ”SUB” National Investment Council
• Marketing and B2B contacts with target business audience and Government
• Support the Government with analysis and fostering development
of investment proposals (teasers)

8. National Investment Council is aimed at consolidating
public and private efforts to facilitate FDI growth
National Investment Council
NATIONAL INVESTMENT COUNCIL
SUB–COUNCIL
NIC OFFICE
• Include CEOs of top companies and funds and
key Ukrainian stakeholders
• Introduce view and input for FDI strategic approach
and business climate
• Meeting once a year
• Business Associations, IFIs and CEOs
of top multinational companies in Ukraine
• Platform for discussions of key developments and
issues to deliver to key stakeholders
• Meeting once a month/quarter
• Work on the permanent basis (NGO) with
professional business approach staff