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WWICS signs MoU on investment opportunities in Ukraine

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Express News Service

Posted: Jan 21, 2009 at 0036 hrs IST

Mohali World Wide Immigration Consultancy Services (WWICS) signed a Memorandum of Understanding (MoU) with a Ukraine-based company “Vedi Chna” on Tuesday. This will facilitate the two in attracting Indian investors, entrepreneurs, businessmen and farmers to greener pastures of Ukraine, which is abound in agricultural opportunities for experienced Indian farming community.

B S Sandhu of WWICS said that both the companies will provide mutual support to each other in terms of providing pre and post landing services to Indian clientele in Ukraine. He claimed that Indian and Punjabi farmers are much sought-after class of investment partners in Ukraine. With highly arable land and 30 per cent of world’s black soil in Ukraine, the fertile tracts of country offers sure shot returns on investment in agriculture, which go as high as 40 per cent. He further claimed that a farmer is sure to get a return of 40 per cent on his investment of minimum US $ 3 lakh, with which he can take 125 hectares of land on lease. “If he carries out farming in 100 hectares and pursue related businesses like poultry, dairy, piggery etc on remaining 25 hectares, expected return on investment would be 40 per cent,” he added.

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