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Odessa is one of Ukraine’s economical centres which has a large sea port, developed industry, resort and recreation complex, transport, financial and social infrastructure. Odessa is mostly dealing with transport and external trade on the international labour division.
The city is situated on the Black sea north-western seashore on the trading routes from the Central and Northern Europe to the Close East and Asia crossing. The international transport route #9, which connects Finland, Russia, Lithuania, Byelorussia, Ukraine, Moldova, Romania, Bulgaria and Greece, passes through Odessa.

Odessa city port is the largest one in Ukraine: it has the power of 20 mln. Load tons a year, the total shoreline length of 8 km, accepts the vessels of up to 250 m length and up to 12.5 m waterline. The port transport lines are connected with over 600 ports of 100 world countries. There are ferry crossings connecting Odessa port with Turkey and Greece. According to the common classification parameters, the port is considered to belong to the largest ones class, has the international category and the active load turnaround and is the polifunctional type trading port. According to “About the special (free) Porto-Franco economical zone” law of Ukraine, a free economical zone, where the economical activity subjects have got the special term tax regime, is created on Odessa sea trading port territory.
The railroad, automobile, aviation and pipe transport are developed in the city of Odessa as well.
Odessa is the Ukraine’s only fully formed local territorial manufacture complex and an industrial center. The city’s industrial production manufacture structure is mostly dominated by the food industry, machine building and metal processing, oil industry, black metallurgy, building materials industry, chemical, oil-chemical, light and medicine industry establishments.
The city has an International Airports, which is one of the Ukraine’s largest ones, and its airlines are connected with many cities of Ukraine, CIS, and the countries of the Western Europe, Asia and Africa as well.  Considering Odessa’s profitable geographical location as the Euro-Asian airlines crossing, powerful transport center, as well as the world leading expert companies’ making their predictions of the passenger and load aviation transportations increase, the Airport is supposed to be reequipped to meet the international demands. According to Ukraine Cabinet of ministers’ decree, the airport is handed into the city’s communal property.

In Odessa, there are the National Bank of Ukraine branch, over 30 commercial banks, including the branches and depts, 27 insurance companies and their branches, Ukraine fund stock-exchange branch.
In comparison to the other cities of Ukraine, Odessa has started its business development way much earlier, and has achieved great results in trading.  The ancient traditions of Odessa city as Ukraine’s south trading center have actively developed in this sphere.

There are over 467 foreign capital joint ventures in the city. The President’s “About the ground areas of non-agricultural destination sale” decree, which allows the investors to purchase the establishments together with the ground they are located on, was an important step in the favorable investment climate creating. The city administration is also considering providing the investors with the special terms taxes.  We are also ready to provide the municipal guarantees of returning credits destined for financing projects of high importance for the city development.
The city is ready for wide mutually profitable cooperation in every sphere. The greatest assistance will be delivered to the business activity subjects realizing the projects in the following branches:
• residential realty building;
• creating new establishments of food and processing manufacture and reconstructing the old ones;
• tourism development;
• city water- and heat-supply systems modernization;
• energy-saving technologies introduction.

Such cooperation is possible mostly on the level of establishments and firms. The cooperation itself may be coordinated and improved by Odessa city council Investment policy dept. Here, one can get the necessary information on one’s queries and establish the contacts with the according city organizations, establishments and depts. 
Odessa city council Investments policy department
65026, Odessa city
Deribasovskaya str., 8
ph.: (8 0482) 25-24-24
ph./fax: (8 0482) 25-03-27
Odessa city council External affairs department :  
Represents Odessa city council and its executives of cooperation with foreign states and their public administration, consulates and international organizations;
Cooperates with Odessa sister cities and partner cities and their administrations;
Interacts with Odessa-based international states' consulates accredited in Odesa by the diplomatic corps, Ukraine MEA structures;
Organizes foreign delegation and city guests official receptions and international ngotiations;
Prepares and carries out Odessa city delegations' official visits abroad;
Providing city mayor's anh his deputies' international correspondence;
Registration ans analysis of Odessa city council executive bodies' foreign ties.
65004, Odessa city, Dumskaya sq., 1
ph.: (00 380 482) 22-40-75, 24-70-09
ph./fax: 22-53-88, 22-12-89

Odessa city council  European integration and ties with Odessa diaspora department carries out Odessa city local administration policy in the sphere of European integration and ties with Odessa diaspora development:
- assists organizing and carrying out international measures (economical forums, conferences, seminars, exhibitions, investment fairs, deepened multi-aspect consultations, presentations) aimed at European transborder economic cooperation widening, city investment image improving, city infractructure modernization and reforming, international tourism development, regional and local tourist goods romotion to the international markets;
- prepares offers and information on city external economic work question, European integration questions concerning the city, Odessa diaspora question for Odessa city mayor;
- in its authorities' limits, provides the citizens, establishments, organizatons (in spite of property type) with consultative services, carries out exhibition-fairs, presentation and image measures, business-forums aimed at benefiting from the international city management experience on the internatal and external economical ties, investments and other problems of economical work connected with European integration processes, cooperation with Odessa diaspora; studies the attractiveness of investment objects for EU states and Odessa diaspora representatives, etc.
65004, Odessa city, Dumskaya sq., 1
ph. 787-31-27

Odessa city mayor Investment council
Considering the need of investments into Odessa city economics and social sphere attraction, professional expertize of the according offers, projects and programs carrying out, Odessa city mayor Investment council is created by the Decree  ╣10-01­. from 12.01.2006y., the Council's statement and personal composition is agreed.

The Investment council is composed of:

Baymuratov M.A. – Council head, juridical studies doctor, professor,

Bruk L.L. – Ukraine's Designers Union board,

Dolzhenkov O.A. - political studies doctor, Odessa city council External affairs dept director,

Koval I.N.. – political studies doctor, professor, I.I.Mechnikov Odessa National University Social studies Institute director,

Kotov G.I. – architecturer,

Kravets A.S. – Ukraine Economic studies Academy academician, professor.
Kuznetsov E.A. –  economical studies candidate, I.I.Mechnkov Odessa National University economical-law faculty deputy dean,

Foigt Meinhard Axel – Odessa city council Investment department intgrated specialist,

Freyndlin M.P. – economical studies candidate, Business cooperation development fund President.

Tsirfa G.B. – "FSP" law company President / included into the composition with a Decree ╣ 108-01­ from 20.02.2006/

According to the agreed Statement, the Council's functions are:

- expert perspectiveness estimation of offers, projects and programs by the potential native and foreign investors, Odessa city council executives in the city's territorial communityinterests' context;
- initiating the offers, projects and programs connected with investments attracting for city development programs realization.

The Council's organizational-technical support is carried out by "Odessa Development Programs Agency" CE.
The Council's decisions have a recommendational character.