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Defending the measure,

Serhiy Bykov writes on Facebook: “Current procurement rules close the opportunities for international players to enter the market, which can immediately bring money.” The new, streamlined approach, he said is “the international format of EPC + F contracts” or engineering, procurement, construction + financing. So far, non-binding memorandums have been signed with two foreign construction giants with access to international financing – Bechtel of the US and Poly Changda Engineering Co. of China.

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