Following in Russia’s footsteps?
So far, foreign direct investment in Ukraine has been almost non-existent. Although there are a number of foreign companies operating around Kiev in the mechanical engineering, metalworking, retailing, and food processing sectors, per capita FDI is even lower than it is in Russia. Total FDI since independence has been barely $1.5 billion, less than the amount of a single debt issue by the Russian gas producer Gazprom. Outside the capital, Kiev, little has changed since Soviet times in terms of industrial restructuring.
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