DCH, one of the largest investment groups in Eastern Ukraine, has reached a deal to develop airplane engine maker Motor Sich with Chinese investors

Wednesday, August 5, 2020
DCH, one of the largest investment groups in Eastern Ukraine, has reached a deal to develop airplane engine maker Motor Sich with Chinese investors

DCH, one of the largest investment groups in Eastern Ukraine, has reached a deal to develop airplane engine maker Motor Sich with Chinese investors Skyrizon Aircraft Holdings Limited. Last year, the US sought to block a Skyrizon takeover the company, which makes advanced engines for fighter jets. Erik Prince, a US private security contractor and informal adviser to President Trump visited the Zaporizhia plant several times over the last year. “Both parties will conduct comprehensive cooperation by carrying out activities to improve the Ukrainian aircraft industry jointly and, in particular, PJSC Motor Sich in Zaporizhia,” DCH said of the partnership with China, without specifying investment amounts or targets. DCH built the new air terminal for Kharkiv. Now it is building a new airport for Dnipro, about 90 miles north of Zaporizhia.

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