Direct investment projects of Shanghai in Ukraine in telecommunications, energy, and agriculture sectors,

reported the Odessa Journal. Shanghai is developing a number of projects in Ukraine in the agro-industrial sector and foresees prospects for cooperation in energy, infrastructure, agriculture, according to the Deputy Director of Shanghai Municipal Commission of Commerce Zhu Yi. “We now have six direct investment projects of Shanghai in Ukraine worth $17 million, in the agriculture, forestry, livestock, and fisheries sectors. The total volume of contracts that Shanghai has concluded in Ukraine has been estimated to be $897 million, of which $278 million are related to telecommunications, development of gas production, and drilling projects.”