Kuwaiti neftemagnaty ready to invest $ 12 billion in a new town near Kiev?

Written by admin on October 15th, 2009

Group Al-Bader Trading Co studying Ukrainian legislation with a view to possible investment in the future in the construction of the city on an area of about 900 hectares in the 30-100 km from Kiev

 

Al-Bader Group is interested in the possibility of investing not only in construction but also in the metallurgical industry and health tourism in Ukraine.

said the deputy general director of Mahrous Besiso on the Ukrainian-Arab conference on Investment prospects in Ukraine in Kiev.

We are currently studying the legislation of Ukraine, as it meets our standards. If we find that there is possible to start a similar project and the legal system will approach us, we are prepared to invest any amount without limitation. It will be a city with tall buildings, with villas in the area of 9 million sq. km. m. Usually, we prefer to build similar projects at a distance of 30 km to 100 km from the capital, - said Mahrous Besiso, noting that the group primarily interested in land and tax laws of Ukraine, and as issues related to the issuance of visas to Ukrainian citizens in the Arab world.

According

Besiso similar project Al-Bader International Development Co. W.L.L. (construction unit group) have already implemented in the Sudan, an area of 900 hectares.

Our similar project in the Sudan - a $ 12 billion investment, - he said.

deputy director general of the group also noted that in the case of a positive decision on the launch of this project in Ukraine, the construction will be engaged in Ukrainian companies.

addition, Besiso noted that Al-Bader Group is interested in the possibility of investing not only in construction but also in the metallurgical industry and health tourism in Ukraine.

Al-Bader Group was founded in 1962 as a consortium of companies owned by a Kuwaiti family, and was renamed Al-Bader Trading Co. W.L.L. in 1976.

Group is engaged in business in such industries as telecommunications and IT-technology, construction, insurance, tourism, healthcare, scientific and medical equipment, etc.

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