18 Aug 2009 13:47

Fixed capital investment in Ukraine declines 43% in H1

KYIV. Aug 18 (Interfax) - Fixed capital investment in Ukraine contracted 43.3% to 54.08 billion hryvni in the first half of 2009 compared to the same period of 2008, the State Statistics Committee said.

The biggest declines in fixed capital investment were seen in the land transportation industry - 63.7%, real estate and leasing - 58.9%, construction - 57.6% and financial activities - 55.9%.

The smallest declines were seen in the production and distribution of electricity, gas and water - 8.3% and at postal and communications companies - 11.5%.

The state budget accounted for 2.9% of financing for capital investment in the half, local budgets - 2.3%, company internal funds - 69.5% and loans and other borrowings - 12.2%.

The official exchange rate on August 18 was 7.8055 hryvni/$1.