The country intends to commission at least 2,400 megawatts of renewable energy capacities together with strategic investors.

Plans are expected to create capacities for the production of import-substituting products in the amount of $376 million and the export of goods for $84 million as well as creating 9,000 jobs.

FDI declined to $234.2 million in the second quarter of this year, down from $240.3 million in the same quarter of 2020, but up from $125.4 million in the first quarter of 2021.

Commentators injected a note of scepticism into the process, saying part of the problem lay with Ukraine’s failure to uphold and guarantee property rights.