The funds will be used mostly to upgrade irrigation systems in southern Ukraine.
The press service of the ministry of agrarian policy and food of Ukraine reports.
"In 2016- 2017 we expect to raise $1.5-2 billion in investments. The estimated effect of the project – irrigation of almost 500,000 hectares of farmland," said Pavlenko.
The minister also added that he expects the project to have economic, as well as social impact.
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