The head of the Volyn region administration Vladimir Ginchuk met the representatives of Sanyi (China) willing to invest $3.5 billion into Ukraine. The company has some experience in working with mining companies from the East of Ukraine. But they are also interested in the Volyn coal basin.
So directors of the local mines and Volynugol also participated in the meeting.
The parties concerned have discussed technical characteristics of the Volyn mines and their investment prospects.
The only condition of the Chinese company is that the state takes part in the project via financial guarantees. (Ukrainian metal)
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