The total volume of foreign investments in the economy of Volyn as of July 1 this year reached 101 million US dollars, which amounts to about 97 dollars per capita. In terms of investment volume per person, the region ranks 15th in the country, the Western Information Corporation was told at the Main Department of Statistics in the Volyn region. \n \nIn terms of attracting foreign investments, Volyn lags behind more industrially powerful regions (the all-Ukrainian average is 192 dollars per resident), but it is ahead of its closest neighbors – Rivne (23rd place) and Ternopil (26th place) regions. \n \nIn the first half of 2005, foreign investors invested 7 million US dollars, which is almost three times more than in the same period last year. Foreign investments were made by partners from 27 countries. The largest volumes were invested by non-residents from Poland – 28.6 million dollars, Great Britain – 24.7 million dollars, Sweden – 16.5 million dollars, Switzerland – 11.1 million dollars, Canada – 6.7 million dollars, Slovakia – 4.7 million US dollars. These countries account for over 90% of the total investment volume. \n \nThe largest amount of foreign investment has been realized in enterprises of the city of Lutsk; almost 82 million US dollars have been invested in them. About 12 million dollars has been invested in enterprises of the cities of Novovolynsk, almost 3 million dollars – in Kovel, 1.5 and 1.2 million dollars – in Kivertsivskyi and Ratnivskyi districts, respectively. \n \nIn total, 125 enterprises received foreign investments. The most investment-attractive sectors are the production of machinery and equipment (40% of the total volume), financial activity (15%), the food industry and processing of agricultural products (14%), and furniture manufacturing (7%). \n \nAn example of highly efficient use of foreign investments is OJSC "Lutsk Bearing Plant", OJSC "Lutsk Automobile Plant", and LLC "BRV-Ukraine" (Novovolynsk). The products manufactured at these enterprises are of high quality and are in demand not only in Ukraine but also beyond its borders. \n
More than 101 million US dollars has been invested in Volyn's economy
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