‘EBRD will help Indian firms diversify’
Edited excerpts: What kind of private sector participation are you looking for from India? We want to accompany them with their investment in our countries of operation. We are willing to finance investment contracts with Indian companies in sectors like manufacturing, IT services, etc. We have quite a number of projects, so we need to explore.
India has a very strong manufacturing capabilities, and a very strong IT services sector, pharma and agri sectors. There are a lot of opportunities for investment abroad (for Indian companies). We are looking at the energy sector, renewables.
India has built very strong renewable capabilities, and production. Can you tell us about your redevelopment work in Ukraine? We are continuing to finance (redevelopment) in Ukraine. We want to help them to keep their economy functioning.
We have financed SMEs, banks, public infrastructure, electricity and gas companies in order for them to provide the minimum level of services to the people. The economy has stabilized from the beginning of the war. When the war is over, the reconstruction effort will be important.
There will be the need to build infrastructure, which will need to be completely sustainable. We also want to finance the private sector in Ukraine to kickstart economic activities. Hopefully there will be some foreign investors who will come to Ukraine because they have qualified people, and strong manufacturing capabilities.
How long will the reconstruction of Ukraine take? It depends entirely on the circumstances. If we have a peace agreement soon, the reconstruction will be quicker. People then can trust to invest.
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