International investors with 23 projects totaling $1.35 billion have applied for ‘investment nannies’ with UkraineInvest,

announced Serhiy Tsivkach, the Executive Director of the investment promotion office (Interfax-Ukraine). The office has 14 employees working on the project, which is designed to cut red tape. This month, UkraineInvest plans to submit the first candidate projects to the Economy Ministry for approval.