The Ukrainian government has drawn up plans to invest $25 billion in projects to modernize the country's economy in the next three years, Ukrainian Prime Minister Mykola Azarov said on Wednesday.
"A database of 125 regional strategic industrial projects valued at 200 billion hryvnias (about $25.2 billion), has been set up" Azarov said at a cabinet meeting on Wednesday.
"The government will initiate and support the development of offshore oil and gas fields, which may facilitate extraction of 10 billion cubic meters of gas," Azarov said.
Production of the Antonov An-140 and An-148 regional airliners, the reduction of energy consumption by smelters and high technology development will be priority investment projects, he added.
Some of the investment projects will be financed by EU, Russian and international financial structures, he said.
KIEV, January 26 (RIA Novosti)
