American helicopter manufacturer planning to invest in production in Ukraine

The relevant statement was made by Ukrainian Economy, Environment and Agriculture Minister Oleksii Sobolev on Facebook, following a working meeting with the company’s representatives, an Ukrinform correspondent reports.

“In my first week as Minister, I had several important meetings, where we discussed key tasks that we can continue working on for the benefit of all parties,” Sobolev wrote.

In this regard, the Ukrainian official mentioned a working meeting with the U.S. helicopter manufacturer, Bell Helicopter, which is part of Textron, specializing in the production of modern military helicopters, AH-1Z Viper and UH-1Y Venom.

According to Sobolev, the American company is already planning to invest and launch production in Ukraine. The Ukrainian government is ready to support this initiative with effective instruments for investors.

“The stage of technical consultations and assessments lies ahead, but this ambitious project could become a new phase in the development of defense industry partnership between Ukraine and the United States,” Sobolev emphasized.

In addition, the newly-appointed minister met with the representatives of the diplomatic corps, and introduced them to the priorities of the merged ministry. As noted by Sobolev, he intends to strengthen international cooperation in attracting investments, supporting exports, returning Ukrainians from abroad, training new professions, etc.

A reminder that earlier Ukrainian Economy, Environment and Agriculture Minister Oleksii Sobolev discussed progress in implementing the Ukraine Plan under the Ukraine Facility programme with a delegation of the European Commission’s Directorate-General for Enlargement and Eastern Neighbourhood (DG ENEST).

Photo: Oleksii Sobolev, Facebook