Migrant workers from Ivano-Frankivsk region have become major investors in the region over the period of Ukraine's independence, Regional Governor Ihor Oliynyk said on Wednesday.
"Our migrant workers have been major investors over the years of Ukraine’s independence," he said.
Oliynyk noted that over the past four years, the region had received $1.1 billion from its migrant workers through the region’s banks.
"The exact figure for [the last] three years is $950 million, the amount transferred through banking institutions in Ivano-Frankivsk region," he said.
He also noted that investment from citizens working abroad had actively come even amid the crisis, "when the oligarchs removed currency from Ukraine."
At the same time, Oliynyk said that the lack of control over the construction sector, which is mainly invested by migrant workers, was a mistake by the local authorities.
