Draft

«BUILDING CITY 2006. Financing of Projects and Attracting of Investments»

International Forum

“Ukrainian House” Palace of Arts

2, Khreshchatyk str., Kiev

October 24, 2006

Organizers: Assembly of Business Circles of Ukraine

Association of Stockholders of Ukraine

League for Landowners and Landtenurers Rights Protection

Kiev Chamber of Commerce and Industry

Commission for external economic activities of the Cabinet of Ministers of

Ukraine

Participants: Banks, investment companies and funds, businessmenfrom

Austria, Belarus,England, Jordan, Libya, Malta, Norway, Poland, Russia, Syria,

Ukraine; trade and economic missions of the embassies of foreign countries

accredited in Ukraine

P R O G R A M

09.00-10.00Registration

Lobby, first floor

10.00-11.30Opening of the forum. Plenary session

Central exhibition hall, second floor

Opening address:

Mikhail Chechetov, deputy of the Parliament of Ukraine

Anton Savvov, Director General of the Assembly of Business Circles

Speeches:

-Vladimir Rybak, Vice-Prime Minister of Ukraine, Minister of construction, architecture and housing and communal services of Ukraine

-Innovations as an instrument for economic development. Experience of the Kiev Chamber of Commerce and Industry Nikolay Zasulsky, President of the Kiev Chamber of Commerce and Industry

- Larisa Tatarintseva, chairman of the Commission for external economic activities

of the Cabinet of Ministers of Ukraine

-Vladimir Zaplatinsky, Chairman of the Committee of economic policy issues of the Parliament of Ukraine

-Yury Serbin, Chairman of the Committee of construction, urban development, housing and communal services issues of the Parliament of Ukraine

-Alexander Cherpitsky, President of the League for Landowners and Landtenurers Rights Protection

-Deputies of the Parliament of Ukraine, ministers, officials of the Kiev city state administration; representatives of international organizations, diplomatic missions and Ukrainian companies

Participants:

John Netting –Director General,Europe Business Assembly (England);Wil Goodheer – Rector of the International University (Austria); Oleg Falileev – President, Slavonic Association of Industrialists and Entrepreneurs (Russia);Kyastutis Masalskis – Commercial Attache of the Embassy of Lithuania in Ukraine; Georgy Sigua – Head of the representative office of the Chamber of Commerce and Industry of Georgia in Ukraine; Victor Pshenichnikov – Vice-President, International Congress of Industrialists and Entrepreneurs (Russia); Maiad Chasal – Governor, Homs Province (Syria);Gennady Babenko – mayor of Simferopol; Oleg Klyi – mayor of Saki (Crimea); Nikolay Antoshchenko – mayor of Krasny Luch (Lugansk oblast);Vitaly Chernov – President, “Materik” Investment Company (Ukraine);Kjartan Selnes – Sociologist Dr., Philosophy-Social Science Advisor of the Norwegian Humanist Association (Norway); Anna Skovronska-Luchinska – Counselor of the Embassy of Poland in Ukraine; Victor Polurez – Vice-President of the “Finance and Credit” Bank, investment bankingdirector (Kiev); Andryus Gaisris – Director of the “Lansada” Company

10.00-18.00Functioning of the informational express-exhibition of investment and innovation projects

Subject sections:

technologies in the sphere of energy and resource saving;

technologies in the science intensive spheres;

real estate market (residential, commercial, trade, industrial, hotel, warehouse sectors, multifunctional complexes)

Central exhibition hall, second floor

12.30-13.30Networking coffee-break. Business communication: individual meetings, consultations, negotiations

Foyer, third floor

13.30-16.00Sectional sessions. Summing up the investment projects competition results

Subjects: investment attractiveness of separate regions of Ukraine, presentation of Ukrainian investment projects and projects of foreign investors and partners

SectionI: «INVESTMENTS IN REAL ESTATE»

Central exhibition hall, second floor

Moderator: Vasily Soloviov, President of the “Mercury” JS Commercial Bank, Member of the Presidium of the Assembly of Business Circles of Ukraine

Presidium:Mikhail Chechetov, deputy of the Parliament of Ukraine; Alexander Cherpitsky, President of the League for Landowners and Landtenurers Rights Protection;Georgy Sigua, Head of the representative office of the Chamber of Commerce and Industry of Georgia in Ukraine, Vice-President of the “Avtopromkhim” Construction Company;Victor Pshenichnikov, Vice-President of the International Congress of Industrialists and Entrepreneurs (Russia); Irina Okayanyuk, President of the Ukrainian Safeguard Insurance Company;Kjartan Selnes, Sociologist Dr., Philosophy-Social Science Advisor of the Norwegian Humanist Association (Norway);Yulia Kurakina, Director of the EuroMarket-Ukraine Company

Sectionobjective: analyze the current situation and identify tendencies of the Ukrainian real estate market development, elucidate its investment potential, review optimal mechanisms and possible resources for financing construction, determine main stages of the investment project realization process

Sectionparticipants:top-managers ofconstruction, investment-construction, architectural, design, realtor, consulting, legal, insurance companies, directors of bank, credit, financial organizations, investment bankers, analysts, investors, managers of service companies related with the real estate market

Speeches, presentations:

Investment projects of the Crimea Svetlana Verba, Minister of Economy of the CrimeaAutonomousRepublic

Investments in residential construction and realization of housing programs of the “Mercury” Joint-Stock Commercial Bank

Lyudmila Danilova, Vice-President in investments and securities of the “Mercury” JS Commercial Bank, Kharkiv

–Investing of real estate units:experience of Norway Kjartan Selnes,Sociologist Dr.,Philosophy-Social Science Advisor of the Norwegian Humanist Association, Norway

Investment risks insurance

Irina Okayanyuk, President of the Ukrainian Safeguard Insurance Company, Kiev

-Construction of a residential complex in Lviv

Andrey Yakimov, head of the project investment department of the “Comfort-Invest”

Investment Company

Program of investment activities of the Assembly of Business Circles
Yulia Kurakina, Director of the EuroMarket-Ukraine Company, Kharkiv

Suggested subjects for speeches:

1. General issues:

Public policy of Ukraine in the construction sphere

Review of the Ukrainian real estate market

Business structures and authorities cooperation in the construction sphere

Legal control in the sphere of investment activities

Land lots for legal entities and individuals

Investment opportunities and risks related with the real estate sphere investment projects realization, insurance of property and financial risks

Participation of foreign investors at the Ukrainian market of real estate

2. Investors’ speeches (representatives of bank structures, financial-industrial, credit and investment companies present modern models of investing real estate units)

Mechanisms for realization of investment projects in the real estate sphere

Sectors, which are attractive for investments (residential, commercial, trade, industrial, hotel, warehouse sectors, creation of multifunctional complexes)

Presentations of investment, credit and leasing programs in the real estate sphere

Mortgage lending

Estate appraisal and assessment

3. Investment projects presentations:

Ukrainian investment projects presentations

SectionII: «INVESTMENTS IN INNOVATIONS AS AN INSTRUMENT FOR COMPETIVENESS IMPROVEMENT AT THE INTERNATIONAL MARKET»

«Kobzarska svitlytsya» hall, third floor

Moderator:Valentin Tikhonenko, Member of the Presidium of the Assembly of Business Circles, President of the Association of quality specialists-experts

Presidium: Leonid Isaiev, deputy of the Parliament of Ukraine; Vladimir Buzmakov,

President of the “Supremum” CJSC; Sergey Bushuev, President of the Ukrainian

Association of Project Management; Kyastutis Masalskis – Commercial Attache of the

Embassy of Lithuania in Ukraine

Sectionobjective:analyze the current situation and identify tendencies of innovation activities in Ukraine, consider mechanisms and possible sources of financing for innovation projects, present Ukrainian scientific and technical potential by the example of specific innovation proposals

Section participants: investment funds, companies, banks, venture companies, universities, scientific research institutes, design offices, representatives of large companies (including enterprises, which belonged to the defense establishment in the past, and which currently possess high scientific and technical potential), top-managers of enterprises and companies, representatives of the branch associations, patent agencies, associations of entrepreneurs, trade unions, public organizations

Speeches, presentations:

-Investments as a contribution to the National competitive strength, assessment criteriaValentin Tikhonenko, President of the Association of quality specialists-experts, Kiev

-Investment attractiveness of the Volyn oblast Lyubov Ivevakova, head of the Department of economy of the Volyn oblast state administration, Lutsk

-Modern methods of national trade brands promotion at international markets

Kyastutis Masalskis – Commercial Attache of the Embassy of Lithuania in Ukraine

Suggested subjects for speeches:

1. General issues:

policy of Ukraine in the competitiveness sphere;

international experience of the competitiveness improvement;

components of company competitiveness;

cooperation of authorities and business in promoting products and services at international markets;

forming of an attractive investment climate and appropriate conditions for innovation projects financing in Ukraine;

commercialization of scientific programs;

flexibility and ability for quick reorientation is a guarantee for a successful competitive activity at present;

information and communication technologies – modern way for the competitiveness improvement, reduction of production costs,simplification of the controlling mechanism;

practical examples of successful investing of innovation projects;

innovation business: grants, patents, venture business, technology exchange;

intellectual property and copyright: problems and solutions;

legalization of investment projects.

2. Investors’ speeches:

- presentations of modern mechanisms for financing of innovation projects;

- venture capital is a modern instrument for economic growth.

3. Presentations:

presentations of Ukrainian and foreign innovation projects

SectionIII: «UKRAINE IS OPEN FOR COOPERATION»

Artgallary, third floor

Moderator: Igor Ostash, Member of the Presidium of the Assembly of Business Circles

Presidium: Alla Alexandrovskaya, deputy of the Parliament of Ukraine;Maiad Chasal,

Governor of the HomsProvince (Syria);Larisa Tatarintseva, chairman of the

Commission for external economic activities of the Cabinet of Ministers of Ukraine;

Doctor Suleiman Abudiyab, Ambassador Extraordinary and Plenipotentiary of Syria in Ukraine; John Netting, Director Generalof EBA (England); Oleg Falileev, President of the Slavonic Association of Industrialists and Entrepreneurs (Russia); Anton Savvov, Director General of the Assembly of Business Circles;Wil Goodheer, Rector of the International University (Austria)

Sectionobjective: analyze interest of foreign investors in cooperation with Ukrainian

enterprises; become familiar with foreign investment companies and funds, which work

actively in the Eastern European and NIS countries; assist in strengthening of business

relations between Ukraine and world community

Sectionparticipants:top-managers, directors general, financial directors, heads of investment and projects financing departments of Ukrainian and foreign companies, representatives of the top-management of foreign investment banks and funds, which work actively in the Eastern European and NIS countries, advisors and organizers of financial bargains, top-managers of banks, credit and financial organizations, investment bankers, analysts.

Speeches, presentations:

“International Educational Center” Project (Oxford, England)

Investment projects of the “Homs” Free Economic Area (Syria)

Investment projects of the “Akaba” Free Economic Area (Jordan)

“Poultry incubator” Investment Project (Libya)

Investment project of the “Ripot” Company (Poland)

“Karelia-21” Investment Project (Russia)

“Set up Your Business at Malta” Project (Malta)

“BusiettaCottageVillage” Investment Project(Malta) in the context of the “Real Estate Abroad” Program

Suggested subjects for speeches:

1. General issues:

Analysis of the investors’ interest in the Eastern European and NIS countries: industries, markets, companies

Identification of the potential for international financingof projects: alternative methods of financing, which are used in the region, with a detailed review of the projects financing issues

Practical examples: opinions of investors and bargain organizers

Issues of overcoming an informational vacuum between project owners and foreign financiers

Potential opportunities for investments in different sectors of the economy

Participation of foreign investors in the real estate market of Ukraine

2. Investors’ speeches:

Directions, which are attractive for foreign investors

Presentations of investment, credit and leasing programs of foreign participants of the forum

3. Investment projects presentations:

Presentations of foreign companies investment projects

Presentations of foreign investment projects in the context of the “Real Estate Abroad” Program

16.30-18.00Solemnceremonyinhonourof the Laureates of International and National awards of the Assembly of Business Circles

Protocol honours for the Laureates:

–Detached battalion of the guard of honour of the Ministry of Defense of Ukraine

–National Presidential Orchestra of the Ministry of Defense of Ukraine

–Photographing and video filming

–Congratulations of famous artists

Central exhibition hall, second floor

18.00Official ceremonial reception. Forumfinal remarks

Foyer, third floor