You're reading: Yanukovych: Water ‘Formula 1’ in Ukraine to increased country’s investment attractiveness

Ukrainian President Viktor Yanukovych has said that the holding of the Formula 1 Powerboat racing (F1H2O) in Vyshgorod in Kyiv region will promote a rise in investment attractiveness of Ukraine and formation of its positive image on the international field.

"Dear race participants and guests! I congratulate you with a remarkable event – Formula 1 Powerboat racing Grand Prix. Our country won the honorable right to host the race, which is evidence of Ukraine’s openness for the world community and stability of its economic growth," reads a greeting of the head of state to the race organizers, participants and guests.

"I’m glad to welcome teams from Italy, Qatar, China, the United Arab Emirates, Sweden, Portugal and the United States – the elite of the F1H2O. I wish successful starts, good finishes and new victories to participants and vivid impressions from this fascinating sports event to viewers," the press service said, citing Yanukovych.

On Friday it reported that Yanukovych will not take part in the Formula 1 Powerboat racing on the Kyivske Sea due to an accident in Sukhodilska-Skhidna coal mine in Luhansk region.

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