During a meeting with the PRC business delegation on investing in the construction of potato starch enterprises in Ukraine, the Chinese side stated that Ukrainian starch in its quality indicators fully satisfies the PRC market, and expressed its readiness to invest in the industrial production of starch in Ukraine, the press Ministry of Agrarian Policy.
Deputy Minister of Agrarian Policy and Food of Ukraine Viktor Sheremeta said that Ukraine is interested in foreign investment in the construction of potato starch enterprises and its further export to the markets of Southeast Asia.
“The commissioning of new capacities will allow domestic potato producers to diversify production by growing various types of potatoes, including for processing into starch, and to potato starch producers to develop new markets,” Sheremeta emphasized.
The official recalled that Ukraine ranks 4th in the world in terms of gross potato production (annual output is over 20 million tons).
However, the production of potato starch in Ukraine, although it has a steady upward trend, does not fully ensure the domestic market, and the dynamics of export of such products is situational. Therefore, the Ministry of Agrarian Policy is ready to support and create a “green road” for the investment of our Chinese partners in this industry, ”said the representative of the agrarian department of our country.
Sheremeta informed that until 2000 there were 17 specialized enterprises for the production of potato starch in Ukraine, and now four enterprises are operating, the capacities of which are constantly expanding.
“The construction of new plants and the expansion of the capacities of existing potato starch factories will contribute to the creation of new jobs, increase the socio-economic standard of living of the population and the development of rural areas,” the deputy minister said.